7.4 Insurance Review

7.4 Insurance Review

7th Grade

41 Qs

quiz-placeholder

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7.4 Insurance Review

7.4 Insurance Review

Assessment

Quiz

Other

7th Grade

Medium

Created by

Paul Johnson

Used 60+ times

FREE Resource

41 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The six categories of insurance are auto, home, health, life, disability, and renters.
TRUE
FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buying insurance falls under which of these strategies to manage risk?
Risk Reduction
Risk Avoidance
Risk Transfer
Risk Assumption

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the risk of losing something of personal value?
Personal Risk
Liability Risk
Property Risk
Value Risk

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The planned protection provided by sharing economic losses and protects you from risks is called _______________.
social security
insurance
financial security
identity theft

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______ insurance provides money to pay for health care for illness, injury, or in some cases, preventive care.
Home
Life
Health
Auto

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______ insurance provides money to beneficiaries who were named by the insured person.
Home
Life
Health
Auto

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After losing her husband to a heart attack, a wife is left alone to care for 2 children. Her husband's _____________ insurance will cover the funeral costs and provide money for the wife and children.
auto
home
health
life

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