wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

insurance test

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Which of the following should you document after a crash?

a)

Photos of vehicle damage

b)

The weather conditions

c)

Location of the accident

d)

All of the above

2.

What does "in-network" mean regarding healthcare providers?

a)

Doctors who work at the same hospital

b)

Providers who have negotiated rates with your insurance company

c)

Specialists who work together on complex cases

d)

Providers who only accept cash payments

3.

Which insurance type pays out a specified amount of money to beneficiaries if the policyholder dies?

a)

Disability insurance

b)

Life insurance

c)

Renter's insurance

d)

Automobile insurance

4.

What does renter's insurance cover?

a)

Medical costs

b)

The structure of a house

c)

Contents of rented property damaged by flood, fire, or theft

d)

Replacement of a rental car

5.

What is an out-of-pocket maximum?

a)

The maximum amount you'll pay for covered services in a plan year

b)

The maximum amount your insurance will pay in your lifetime

c)

The maximum amount your deductible can be

d)

The maximum number of doctor visits covered per year

6.

What is a copayment?

a)

A) The percentage of costs you pay after your deductible

b)

B) A fixed amount you pay for a covered service

c)

C) The total amount your insurance pays annually

d)

D) An optional payment for additional coverage

e)

D) To pay for gym memberships and fitness equipment

7.

Which of these factors typically does NOT affect your health insurance premium?

a)

Your age

b)

Your income

c)

Your location

d)

Whether you smoke

8.

Why is it important NOT to admit fault at the scene of an accident?

a)

It could be used against you legally

b)

It will make the insurance process easier

c)

It guarantees a lower repair bill

d)

It doesn't matter who admits fault

9.

What does uninsured motorist coverage protect you against?

a)

Theft of your vehicle

b)

Damage to your car caused by animals

c)

Injury or damages caused by a driver without insurance

d)

Getting stuck in a snowstorm

10.

What is a premium in auto insurance?

a)

The amount the insurance company pays you

b)

The amount you pay for coverage

c)

A reward for safe driving

d)

A penalty for causing an accident

11.

What is a pre-existing condition?

a)

A medical condition that you had before your insurance began

b)

A condition that requires regular check-ups

c)

A condition that is not covered by any insurance

d)

A condition that makes you ineligible for insurance

12.

Who should you contact after checking for injuries?

a)

Your neighbor

b)

Your best friend

c)

The police

d)

The local news

13.

What is the declarations page in an insurance policy?

a)

A list of available car models

b)

A summary of your insurance coverage, limits, and deductibles

c)

A payment schedule

d)

A repair manual for your car

14.

What does healthcare insurance typically cover?

a)

Home repairs

b)

Medical expenses for checkups, illnesses, and injuries

c)

Car accidents

d)

Theft of personal property

15.

Which type of insurance is required by law for drivers?

a)

Life insurance

b)

Renter's insurance

c)

Automobile insurance

d)

Homeowner's insurance

16.

What type of insurance is required by law in most states?

a)

Collision

b)

Comprehensive

c)

Liability

d)

Personal injury protection

17.

Homeowner's insurance typically covers which of the following?

a)

Damage to rented property only

b)

Repair of home due to storms, plumbing failures, etc.

c)

Accidental injuries in shopping malls

d)

Prescription medications

18.

What is a "risk pool"?

a)

A savings account for emergencies

b)

A group of doctors in a healthcare plan

c)

A collection of funds from people used by insurance companies to pay claims

d)

A government program for retirement savings

19.

What is the primary purpose of insurance?

a)

To avoid paying for healthcare

b)

To shift the risk of financial losses from one person to an insurance company

c)

To make investments grow faster

d)

To prevent accidents from happening

20.

What is a deductible?

a)

The amount your insurance pays first

b)

The cost of your insurance premium

c)

The amount you pay before insurance covers the rest

d)

The value of your car