Free Printable Insurance Quiz

Worksheets

Insurance Quiz

Total questions: 16

Worksheet time: 12mins

Name

Class

Date

The amount paid for insurance coverage is the

closing cost

premium

deductible

assessed value

Insurance that protects your family against financial loss due to your death is

coinsurance

disability insurance

life insurance

comprehensive insurance

The person named in a life insurance policy to receive the death benefit is called the

policy holder

beneficiary

recipient

insurance agent

The type of insurance that covers damage or loss to a vehicle from fire, theft, vandalism, or hail is called

term life insurance

bodily insurance

comprehensive

collision

The amount you MUST pay out of pocket before insurance takes over is called the

premium

bonus payout

term payment

deductible

If you can not work due to a health condition or injury, this type of insurance will pay you a portion of the income you lose.

disability

health

premium

hospitalization

This type of insurance protects against damage to your car if you are hit by someone without insurance.

collision

comprehensive

property

uninsured motorists

A formal request to an insurance company asking for a payment when the policyholder has financial loss.

emergency savings

coverage

claim

employee benefits

This type of insurance should pay for damages if a tree that goes through your roof.

Product

Health

Homeowners

Life

10.

This is the auto insurance required by law, only repairs the vehicle you hit, not your own

Liability

Collision

Comprehensive

Deductible

11.

Contract between the person and insurance company

Policy

Policy holder

Premium

Risk

12.

_______ ________ insurance is for a specified term, such as 5 years, or to a specified age

universal life

term life

cash value

whole life

13.

_______ _________ insurance also known as permanent life insurance, offers financial protection for your entire life

term life

whole life

universal life

life

14.

A 30 year woman broke her arm and went to the ER for treatment. Her health insurance plan has a $1,500 deductible. What does this mean

She can deduct $1,500 from the hospital bill, but must pay the rest

The hospital will only charge her $1,500

She is resoponsible for paying, $1,500 of her medical expenses before her insurance starts to pay

Her insurance company will only pay $1,500 and she must pay the rest

15.

What health insurance coverage allows you to use any provider you wish?

HMO

PPO

16.

Which type of health insurance coverage has a list of healthcare providers?

HMO

PPO

Reset

Insurance Quiz

Total questions: 16

Worksheet time: 12mins

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