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Insurance Terms

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.
A specified amount of money that the insured must pay before the insurance co. will pay.
a)
deductible
b)
premium
c)
insurance fee
d)
direct pay
2.
Pays for damage to your auto caused by an event other than a collision.
a)
deductible
b)
comprehensive coverage
c)
liability coverage
d)
collision coverage
3.
The price or amount you pay for an insurance policy.
a)
deductible
b)
minimum
c)
premium
d)
insurance fee
4.
Insurance to protect your personal home.
a)
comprehensive 
b)
renter's
c)
property damage
d)
homeowner’s 
5.
Insurance to protect your personal items in your rented apartment or rented house.
a)
homeowners
b)
renters
c)
property
d)
liability
6.
Insurance to protect your auto.
a)
health
b)
liability 
c)
comprehensive
d)
auto
7.
Insurance to cover health events like going to the doctor.
a)
health
b)
long-term care
c)
life
d)
disability
8.
Insurance that helps cover your income from a job when you can no longer do your job due to health reasons.
a)
life
b)
medical
c)
long term care
d)
disability
9.
Protection for your identity to clean things up when you experience fraud.
a)
identity theft
b)
property
c)
liability
d)
premium
10.
Insurance that will pay someone you have chosen in the event you die.
a)
long-term care
b)
life
c)
risk
d)
broad collision
11.
The potential of gaining or losing something of value
a)
asset
b)
liabilities 
c)
risk
d)
return
12.
Insurance that covers the contents of your personal home.
a)
renters 
b)
homeowners
c)
property
d)
liability
13.
Coverage that is offered with a deductible and if you are 50% or less at fault you don’t pay the deductible.
a)
broad collision
b)
collision
c)
comprehensive
d)
liability