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Car Insurance Vocabulary

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

What is an insurance policy?

a)

a signed insurance contract that lasts a specific amount of time

b)

a chance that one takes

c)

qualified based on regional requirements

d)

responsibility for others' losses in an accident you caused

2.

What does 'mandatory' mean?

a)

the cost of insurance coverage

b)

a chance that one takes

c)

required, compulsory

d)

insurance not provided by the government or an employer

3.

What is a broker?

a)

qualified based on regional requirements

b)

a chance that one takes

c)

a person who finds and sells the best insurance plans for customers

d)

the cost of insurance coverage

4.

What is an insurance premium?

a)

responsibility for others' losses in an accident you caused

b)

The cost of insurance coverage

c)

required, compulsory

d)

A chance that one takes

5.

What does 'liability' mean?

a)

responsibility for others' losses in an accident you caused

b)

a chance that one takes

c)

the cost of insurance coverage

d)

a person who sells insurance

6.

What is a risk?

a)

a person who sells insurance

b)

the cost of insurance coverage

c)

a chance that one takes

d)

a child or spouse who is dependent on another's income

7.

What is a deductible?

a)

responsibility for others' losses in an accident you caused

b)

a percentage an insured person pays when making a claim

c)

a signed insurance contract that lasts a specific amount of time

d)

a child or spouse dependent on another's income

8.

What is a claim?

a)

required, compulsory

b)

the cost of insurance

c)

a chance that one takes

d)

a request for payment by an insured person to an insurer to cover losses

9.

What is a beneficiary?

a)

able or allowed to purchase

b)

the cost of insurance coverage

c)

a person who becomes eligible to receive money or payment

d)

a child or spouse dependent on another's income

10.

What does it mean to be eligible

a)

able or allowed to buy

b)

a person who becomes eligible to receive money or payment

c)

the cost of insurance coverage

d)

a child or spouse dependent on another's income

11.

What does 'comprehensive' mean?

a)

required, compulsory

b)

covering many things

c)

a percentage an insured person pays when making a claim

d)

the amount an type of protection provided

12.

What is 'commercial' insurance

a)

a policy that covers a vehicle used for work purposed

b)

it is a type of insurance that is advertised on TV

c)

a policy that covers a vehicle used for personal reasons

d)

a percentage that an insured person pays when making a claim