untitled

untitled

10th - 12th Grade

12 Qs

quiz-placeholder

Similar activities

Insurance

Insurance

10th - 12th Grade

10 Qs

Chap 9 - Vocab Test

Chap 9 - Vocab Test

10th - 12th Grade

14 Qs

Chapter 24

Chapter 24

11th Grade

10 Qs

Chapter 9: The Role of Insurance Review

Chapter 9: The Role of Insurance Review

12th Grade

16 Qs

W!SE Review

W!SE Review

9th - 12th Grade

15 Qs

Insurance Vocab

Insurance Vocab

11th Grade

15 Qs

Insurance

Insurance

9th - 12th Grade

10 Qs

Personal Finance - Insurance

Personal Finance - Insurance

12th Grade

11 Qs

untitled

untitled

Assessment

Quiz

Business

10th - 12th Grade

Easy

Created by

ladonza federowski

Used 1+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The chance of loss from an event that cannot be entirely controlled is called:

risk

insurance

deductible

premium

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At least six months of expenses set aside to cover costs of unexpected expenses is called

insurance

emergency savings

policy

coverage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A financial product purchased by many people facing a similar risk to protect against the risk of larger losses is called:

insurance

emergency savings

policy

premium

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract between the insurance company and the insured that states the exact terms of the policy is called:

policy

premium

insurance

risk

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The risks covered and amount of money paid for losses under an insurance policy is called:

coverage

premium

policy

deductible

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who owns the insurance policy is the:

beneficiary

policy holder

insurance

claim

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money paid to purchase an insurance policy is called:

premium

deductible

co-insurance

risk

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?