Economics Insurance Quiz
Authored by Joel Plantinga
Social Studies
12th Grade
CCSS covered
Used 210+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Insurance is how one transfers _______ from your bank account to insurance companies
Reward
Money
Risk
Loss
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Insurance product that provides extra coverage over other accounts:
Liability insurance
Long-term disability
Term Life Insurance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Insurance product that covers claims that others place against you:
Umbrella insurance
Long-term disability
Term Life Insurance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of life insurance is to replace one's __________ upon death.
Legacy
Income
Wealth
Home
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money you pay on an insured loss before coverage kicks in:
Coverage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money one pays for an insurance policy:
Deductible
Premium
Co-payment
Coverage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of protection offered to a customer on an insurance policy:
Deductible
Co-payment
Coverage
Grace period
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