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Insurance

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.
The amount paid for insurance is the
a)
closing cost
b)
premium
c)
deductible
d)
assessed value
2.
Insurance that protects your family against financial loss due to your death is
a)
coinsurance
b)
disability insurance
c)
life insurance
d)
comprehensive insurance
3.
The type of insurance that covers damage or loss to a vehicle from fire, theft, vandalism, or hail is called
a)
term life insurance
b)
bodily insurance
c)
comprehensive
d)
collision
4.

It's tornado and storm season. The house you live in now needs roof repairs after the hail damage. Which insurance would be used?

a)

Home Liability

b)

Home Property

c)

Renter's Liability

d)

Renter's Property

5.

Contract between the person and insurance company

a)

Policy

b)

Policy holder

c)

Premium

d)

Risk

6.
A formal request to an insurance company asking for a payment when the policyholder has an acciden, illness or injury
a)
emergency savings
b)
coverage
c)
claim
d)
employee benefits
7.
This type of insurance protects against damage to the car OR injury to persons in the car caused by a driver who carries no insurance.
a)
collision
b)
comprehensive
c)
property
d)
uninsured motorists
8.
You are required by law to have car insurance.  
a)
True
b)
False
9.

Which of the following vehicles would most likely have the highest premium?

a)

economic 4-door sedan

b)

new sports car

c)

used mini-van

d)

used hybrid car

10.

Car insurance is compulsary by law

a)

True

b)

False

11.

Which is NOT an insurance provider?

a)

AXA

b)

Direct line

c)

LV

d)

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