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WorksheetsInsurance Terms
Total questions: 20
Worksheet time: 10mins
A formal request made by the insurance policyholder to the insurance company for payment or services covered by the insurance policy.
Claim
Accident
Premium
Coverage
An type of car insurance policy that provides complete protection.
Deductible
Comprehensive
Liability
Total
The types of events (losses) that an insurance company would pay for and the amount of money paid for the loss.
Premium
Deductible
Coverage
Claim
The amount you must pay on a claim before the insurance company will pay.
Premium
Policy
Loss
Deductible
A financial product (called an insurance contract or policy) that you buy from an insurance company or organization.
Insurance
Premiums
Stocks
Bonds
A licensed representative who handles the purchase of insurance between the customer and the insurance company.
Business Agent
Insurance Agent
Free Agent
Bond Agent
Death, injury, or damage that could result in an insurance claim.
Term
Loss
Deductible
Premium
A contract of insurance
Policy
Premium
Deductible
Claim
The person to whom an insurance policy is issued.
Agent
Salesman
Broker
Policyholder
A payment made monthly, twice a year, or yearly, for an insurance policy.
Premium
Copay
Tax
Benefit
Automobile, home, and renters are types of
Property Insurance
Adjustable Insurance
Premium Insurance
Life Insurance
Chance or possibility of injury, damage, or loss that someone may want an insurance policy to cover.
Debt
Risk
Premium
Agent
To commit money to gain a profit or earn interest.
Invest
Banking
Stocks
Bonds
The amount of money an insurance policy holder must pay on a claim before the insurance company begins to pay. The higher this is, will usually result in a lower premium.
Premium
Claim
Deductible
Policy
