WorksheetsUnit 18 - Understand insurance I
Total questions: 20
Worksheet time: 5hrs 0mins
A stone hits your windshield. Which type of coverage would likely cover this expense?
Collision
Liability
Comprehensive
None
A policy is a contract between the
Policyholder and the injured person
Driver and the government
Consumer and the insurance company
Consumer and the insurance agent
How can you obtain health insurance?
Buying directly from an insurance agent
Shopping on the Health Insurance Marketplace
Signing up at your family doctor's office
Remaining on your parents' plan if you are under age 30
Which of the following would be covered under a renter's insurance policy?
Damage to the exterior of the property
Medical bills of another person who is injured on the property
Your roommate's personal belongings in the rental unit
Damage to a detached shed on the property
What information is typically listed on an insurance policy?
Name of person or property being insured
Actual Cash Value of the property being insured
Deductible amounts
The policy period
What is the main purpose of insurance?
to follow the law
to get weathly
For investment purposes
To reduce risk
This type of insurance should pay for damages if a tree that goes through your roof.
Product
Health
Homeowners
Life
This is the minimum required by law, only repairs the vehicle you hit, not your own
Liability
Collision
Comprehensive
Deductible
The people who need this the most generally have kids, and always have someone relying on their income
Product Insurance
Auto insurance
Life Insurance
Health insurance
This insurance is required by law on the road
Auto
Auto Property
Auto Liability
Long-Term Care
What does renters insurance cover?
The damage to the property
Earthquakes
Personal items the tenant owns
If a burglar breaks in and he/she is injured as a result
