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Insurance ET

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.
Liability automobile coverage pays for......
a)
Theft, Fire, Vandalism
b)
Accident related costs of repairing or replacing your vehicle
c)
Damage or injury for which you are responsible
2.
Amount you pay monthly, quarterly, semiannually, or annually to purchase different types of insurance.
a)
Deductible
b)
Coverage
c)
Premiums
3.
A formal request to an insurance company asking for a payment when the policyholder has an acciden, illness or injury
a)
emergency savings
b)
coverage
c)
claim
d)
employee benefits
4.
What is the purpose of insurance?
a)
To prevent bad things from ever happening
b)
To help you get better when you are sick
c)
To manage risks by sharing them with other members of insurance companies
d)
To help you refinance your loans
5.
Provides financial protection against losses caused by an auto accident or other damages to your car
a)
Homeowners
b)
Auto
c)
Renters
d)
Disability
6.
Provides payment for certain healthcare costs including coverage for dental and vision
a)
Health 
b)
Disability
c)
Auto
d)
Valuable Item
7.
Protects against financial loss from damage to your home or its contents as well as injury to others on your property
a)
Health
b)
Valuable Item
c)
Car
d)
Life
8.
Provides financial protection to dependents of policy owners when the policy owner dies
a)
Disability
b)
Life
c)
Auto
d)
Homeowners
9.
Provides income over a specific period when a person is ill, physically or mentally disabled and unable to work. Most disability policies end at retirement
a)
Health
b)
Car
c)
Valuable Item
d)
Disability
10.
Protects against theft and/or loss of specific items such as jewelry or rare coins
a)
Life
b)
Car
c)
Valuable Item
d)
Disability