Business Essentials Insurance

Front

The person who buys an insurance policy is called the...

Back

policyholder

Front

An addition to a policy that covers specific property or damages is called an...

Back

rider

Front

How many types of protection does vehicle insurance offer?

Back

7

Front

The full cost of repairing or replacing a destroyed home is called the...

Back

replacement value

Front

A request for payment from an insurer for damages is a

Back

claim

Front

The liability protection in your homeowners policy would cover what?

Back

a person gets hurt from falling off your deck

Front

A law that drivers must have a minimum amount of vehicle insurance is a(n)___ law

Back

compulsory insurance

Front

Insurance companies suggest homeowners insure their home for ___ of its value

Back

80%

Front

With no-fault insurance, drivers involved in accidents collect damages from ___ no matter who is at fault

Back

their own insurer

Front

What insurance protects business owners from claims of injury on their premises?

Back

actual damages & legal expenses