Insurance Quiz

A (Fill in the blank)___________ is a contract between the individual and the insurer specifying the terms of the insurance arrangements.

_________________ (Fill in the blank)covers damages caused to the vehicle.

• Physical damage insurance

• Liability insurance

• Medical payment insurance

• Uninsured or underinsured motorist insurance

_______________ (Fill in the blank)covers a dwelling and your belongings.

• Property insurance

• Liability insurance

• Renter’s insurance

• Loss of use insurance

Insurance that protects against medical losses caused by illness and accidents.

• accident insurance

• disability insurance

• life insurance

• health insurance

_______________ (Fill in the blank)will pay for a temporary place to stay while your home is being repaired.

• Property insurance

• Liability insurance

• Renter’s insurance

• Loss of use insurance

Insurance that pays for stays in a nursing home.

• life insurance

• health insurance

• long-term care insurance

• disability insurance

Obamacare is a health insurance plan.

• True

• False

_______________ (Fill in the blank)covers you when you are at fault.

• Property insurance

• Liability insurance

• Renter’s insurance

• Loss of use insurance

A(n) _____________ (Fill in the blank)is a person who relies on someone else financially

• insurer

• beneficiary

• policyholder

• dependent

Which of the following is not a type of business insurance

• malpractice insurance

• business interruption insurance

• professional liability insurance

• personal liability insurance