Risk & Insurance

Risk & Insurance

9th - 12th Grade

20 Qs

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Risk & Insurance

Risk & Insurance

Assessment

Quiz

English

9th - 12th Grade

Practice Problem

Hard

Created by

Sebastian G

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Risk?

Chance that something can lead to loss or harm

Provides money to pay for medical bills or to get something fixed

Chance that something might cause you to lose money

The amount of money you pay an insurance company.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Financial Risk?

Chance that something can lead to loss or harm

Provides money to pay for medical bills or to get something fixed

Chance that something might cause you to lose money

The amount of money you pay an insurance company.

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

How do I protect against Risk?

By getting insurance.

By getting a savings account.

By staying home.

By not taking risks.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Insurance do?

Chance that something can lead to loss or harm

Provides money to pay for medical bills or to get something fixed

Chance that something might cause you to lose money

The amount of money you pay an insurance company.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's a premium?

Chance that something might cause you to lose money

Something you buy "just in case".

The original amount of money you invest.

The amount of money you pay an insurance company.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's insurance?

Chance that something might cause you to lose money

Something you buy "just in case".

The original amount of money you invest.

The amount of money you pay an insurance company.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a beneficiary?

A person who has bought an insurance policy.

The person who receives the money paid out by an insurance company.

A person who works for an insurance company who handles your claim.

A written contract detailing what an insurance company will cover.

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