Auto and Health Insurance Quiz

Which of these covers damage to the policyholder’s car when it is involved in an accident?

• Bodily Injury Liability
• Property Damage Liability
• Collision Insurance
• Comprehensive Insurance

Which of these covers physical damage to an individual’s car which occurs as a result of a non-collision incident?

• Bodily Injury Liability
• Property Damage Liability
• Collision Insurance
• Comprehensive Insurance

Which of these is an extension of the coverage period on an item in which the manufacturer guarantees to repair or replace if necessary within a specific time period?

• Long-Term Warranty
• Extended Warranty
• Dealership Warranty
• Ameliorated Warranty

Which type of risk is covered by insurance?

• Pure Risk
• Speculative Risk
• Neither of These
• Both of These

Which of these is the fixed amount someone has to pay for health care service in order to receive medical attention?

• Co-pay
• Tax
• Premium
• Insurance

Which of these is a form of protection which eases the financial burden people may experience as a result of medical expenses?

• Health Insurance
• Deductible
• Reimbursement
• Indemnity

Which of these is a portion of a claim the policyholder must pay before the insurance company provides the benefits of the policy?

• Co-pay
• Deductible
• Reimbursement
• Indemnity

Which of these provides the policyholder with specified amounts regardless of how much the actual expenses may be?

• Co-pay
• Deductible
• Reimbursement
• Indemnity

Which of these pays the policyholder back for actual expenses?

• Co-pay
• Deductible
• Reimbursement
• Indemnity

Which of these is offered by an employer, union or association to its members while they are still working?

• COBRA
• Individual Health Insurance
• Group Health Insurance
• Health Maintenance Organizations (HMO)