WorksheetsInsurance Final Quiz
Total questions: 25
Worksheet time: 24mins
Life insurance that protects against loss of life for a specified period of time.
Whole
Term
Life insurance that covers you for your entire life.
Whole
Term
House insurance only covers the home NOT the contents inside the home.
True
False
Type of Home Insurance that protects you from hail
HO-1
HO-2
HO-3
HO-5
Type of Home Insurance that protects you from snow or ice
HO-1
HO-2
HO-3
HO-5
Type of Home Insurance that protects you from all basic risks except flood, earthquakes, war and nuclear accidents
HO-1
HO-2
HO-3
HO-5
If you have personal property that is very valuable you should purchase this in addition to normal insurance.
Personal Property Floater
HO-3 Policy
SR-22
Flood Insurance
Flood insurance is a separate policy from your home insurance.
True
False
You really should purchase life insurance during this time of your life
Teenage Years
College Years
When raising & supporting a family
Right before you die
Which type of insurance is employer sponsored.
Group
Individual
This insurance allows you to keep a former employer's group insurance for a set period of time after you leave the company.
HMO
PPO
Cobra
PPO
This type of insurance pays for eye doctor visits, contacts and glasses.
Dental
Vision
Prescription
Cancer
This type of insurance pays for people over 65 or with certain disabilities
Medicare
Medicaid
Medicaid insurance takes care of people....
Who are over 65 in nursing homes
Who are low-income
This insurance model allows you to see any provider and typically cost a little more.
HMO
PPO
Insurance is the protection against possible __________.
Accident
Injury
Financial Losses
Crime
The fee a policy holder pays to the insurance company in order to be insured.
Coverage
Policy
Premium
Cost
The portion of the claim the policyholder must pay before the insurance company provides benefits.
Premium
Deductible
Coverage
Policy
Collision insurance covers damages to the policyholders car.
True
False
Texas Financial Responsibility Laws requires every driver to have proof of ______ insurance at all times.
Liability
Comprehensive
Collision
Full Coverage
The document spells out all the details of your insurance.
Policy
Profile Sheet
Premium
Deductible
If your dog bites someone in your yard, what insurance covers that persons medical bills? Think about it
Your Auto Ins.
Your Home Ins.
Your Life Ins.
Hour Medical Ins.
Deductible is the portion you pay of the insurance claim.
True
False
Coverage is the things protected in an insurance policy.
True
False
The agreement or contract between an individual and an insurance company.
Premium
Policy
Coverage
Deductible
