
Insurance Vocabulary
Authored by Deborah Burch
Other
11th Grade
Used 34+ times

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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fee paid to the insurer to be covered under specific terms.
Premium
Insurance
Deductible
Policy Holder
Risk
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The uncertainty about a situation’s outcome.
Premium
Insurance
Deductible
Policy Holder
Risk
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount paid out of pocket by the policy holder for the initial portion of a loss before the insurance coverage begins.
Premium
Insurance
Deductible
Policy Holder
Risk
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sally is not feeling well so her mother takes her to the doctor. The doctor tells her she has strep throat, gives her medication, and sends her home to recover. What type of insurance would be used?
Automobile
Life
Homeowners
Health
Disability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
John is driving down the road and a deer runs into the road. He misses the deer but instead hits a small tree on the side of the road. What type of insurance would be used?
Automobile
Life
Homeowners
Health
Disability
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Joey’s father is in a car accident and unfortunately does not make it. His family depends on the father financially. What type of insurance would be used?
Automobile
Life
Homeowners
Health
Disability
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A contract in which an individual or entity receives financial protection or reimbursement against losses
Conditions Of The Policy
Insurance Agent
Insurance Policy
Deductible
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