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Insurance Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

A person designated to receive a death benefit is?

a)

Insured

b)

Legal party

c)

Beneficiary

d)

Trustee

2.

The money you agree to pay at regular times for insurance protection is

a)

Face Value

b)

Premium

c)

Cash Value

d)

Deductible

3.

Which insurance covers your car if it gets stolen?

a)

Uninsured Motorist

b)

Collision

c)

Comprehensive

d)

Liability

4.

All of these are covered by Auto insurance except?

a)

Collision

b)

Disability

c)

Comprehensive

d)

Underinsured Motorist

5.

"Whole Life" life insurance does not end until you die or you stop paying.

a)

True

b)

False

6.

Life insurance provides financial security to survivors after the death of the insured

a)

True

b)

False

7.

The main variables in approving and setting premiums are all except

a)

Age

b)

Vehicle Operation

c)

Gender

d)

Tabaco Use

8.

Liability insurance should be purchased by

a)

Owners of new cars

b)

Owners of expensive cars

c)

Owners of old cards

d)

All of the above

9.

The type of car you drive affects the cost of your premium.

a)

True

b)

False

10.

Sometimes employers will pay for all/part of their employees' health insurance.

a)

True

b)

False