Insurance Quiz

Insurance helps you transfer the __________ from your bank account to the insurance company.

• Risk

• Money

• Insurance

• Health

It's wise to have ________ because even if you're a great driver, there are plenty of people who aren't.

• Health insurance

• An SUV

• Liability insurance

• A hefty savings account

This type of home insurance covers the structure of your home.

• Liability coverage

• Homeowner's insurance

• Personal property coverage

• Dwelling insurance

If you're young and healthy, medical insurance is not as necessary.

• True

• False

Life insurance guarantees your loved ones get a certain amount of money when you ________________.

• Pass away

• Turn 18

• Get injured

• Move out of the house

In return for paying the insurance company a fee, they will . . .

• Pay for certain expenses or damages

• Give you a paycheck every month

• Manage your money for you

• Create your monthly budget

If you're unable to live in your home while it's being repaired, _______ coverage will cover those additional living expenses.

• Renters insurance

• Loss of use

• Personal property coverage

• Dwelling insurance

The amount of money the insurance company agrees to pay for an incident is called ____________.

• Co-pay

• Deductible

• Claim

• Coverage

Medicare and Medicaid are examples of . . .

• Health Savings Accounts

• Government programs for public health insurance

• Private health insurance companies

• Emergency Medical Systems

Don't get sucked into the __________ scam.

• Self-insurance

• Whole life insurance

• Term life insurance

• Health care