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insurance 1

Total questions: 19

Worksheet time: 10mins

Name
Class
Date
1.
The type of insurance that provides protection against financial loss from medical bills is called
a)
health insurance
b)

Motor insurance

c)

life assurance

d)
premium
2.
Insurance that protects your family against financial loss due to your death is
a)

Life insurance

b)

Income Protection Insurance

c)

life assurance

d)
comprehensive insurance
3.

The type of insurance that covers damage or loss to the insured vehicle from fire or theft is called

a)

Third Party, Fire & Theft

b)

Third Party

c)

Comprehensive

d)

No claims Bonus

4.

This term pays for protection against possible loss of life, property, and finances.

a)

No Claims Bonus

b)
premium
c)
insurance
d)

Assurance

5.

This type of insurance pays the fees from the hospital

a)
hospitalization insurance
b)

life assurance

c)
medical insurance
d)
life insurance
6.
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.
a)
disability
b)
health
c)
premium
d)
hospitalization
7.

What is the minimum type of motor insurance you must have by law in Ireland.

a)

Third Party

b)
comprehensive
c)

Third Party, Fire & Theft

d)
uninsured motorists
8.
Which of the following typically have the highest insurance premiums.
a)
Young, inexperienced drivers
b)
Older, experienced drivers
c)
Drivers who have with safe driving records
d)
Drivers who travel long distances
9.
When you shop for life insurance, you should consider only the cost or premium you will pay.
a)
TRUE
b)
FALSE
10.

Which type of insurance is likely to be the lowest priority for a single, working, 24-year-old?

a)

Health insurance

b)

Disability insurance

c)

Life assurance

d)

Auto insurance

11.

A policy is a contract between the

a)

Policyholder and the injured person

b)

Driver and the government

c)

Consumer and the insurance company

d)

Consumer and the insurance agent

12.

Which insurance coverage is required by law?

a)

Homeowners insurance

b)

motor insurance

c)

Renters insurance

d)

Disability insurance

13.

An type of car insurance policy that provides complete protection.

a)

Deductible

b)

Comprehensive

c)

Liability

d)

Total

14.

A contract of insurance

a)

Policy

b)

Premium

c)

Deductible

d)

Claim

15.

The person to whom an insurance policy is issued.

a)

Agent

b)

Salesman

c)

insured

d)

Policyholder

16.
Insurance that will pay someone you have chosen in the event you die.
a)

Income Protection

b)

life assurance

c)

Home Insurance

d)

Home contents insurance

17.

What type of insurance provides protection against financial loss from medical bills?

a)

Health insurance

b)

Income protection insurance

c)

Life insurance

d)

Motor insurance

18.

Which insurance coverage is required by law?

a)

Home insurance

b)

Motor insurance

c)

Renters insurance

d)

Travel insurance

19.

What type of insurance is likely to be the lowest priority for a single, working, 24-year-old?

a)

Health insurance

b)

Travel Insuracne

c)

Life assurance

d)

motor insurance