Insurance Quiz

What is the main purpose of life insurance?

• To cover medical expenses

• To provide a death benefit to beneficiaries

• To cover legal costs

• To save for retirement

Which type of insurance covers damage to a person's home?

• Life insurance

• Health insurance

• Home insurance

• Travel insurance

Which of the following is typically covered by car insurance?

• Theft of the vehicle

• Natural wear and tear

• Engine failure due to old age

• General maintenance

Which of these is a key feature of term life insurance?

What does public liability insurance primarily cover?

• Loss of business revenue

• Injuries to employees

• Claims made by third parties for injury or property damage

• Legal disputes between business partners

Which type of insurance product is designed to cover medical expenses?

• Life insurance

• Disability insurance

• Health insurance

• Critical illness insurance

What does professional indemnity insurance cover?

• Property damage

• Professional negligence claims

• Business interruption

• Employee injury

Which insurance policy type typically pays out a lump sum if the insured person is diagnosed with a serious illness?

• Life insurance

• Health insurance

• Critical illness insurance

• Disability insurance

What is the main purpose of travel insurance?

• To cover lost luggage and trip cancellations

• To cover life-threatening diseases

• To protect against legal claims

• To pay off debts

Which of the following is typically covered by business interruption insurance?

• Employee wages during downtime

• Losses from a natural disaster

• Damage to business property

• Revenue loss due to business stoppages