
Insurance Quiz
Quiz
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Business
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University
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Practice Problem
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Medium
Jide Babatope
Used 3+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of insurance covers damage to a person's home?
Life insurance
Health insurance
Home insurance
Travel insurance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of these is a key feature of term life insurance?
Evaluate responses using AI:
OFF
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of insurance product is designed to cover medical expenses?
Life insurance
Disability insurance
Health insurance
Critical illness insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does professional indemnity insurance cover?
Property damage
Professional negligence claims
Business interruption
Employee injury
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