Different Types of Insurance Part B

Different Types of Insurance Part B

12th Grade

15 Qs

quiz-placeholder

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Different Types of Insurance Part B

Different Types of Insurance Part B

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Brad Sievers

Used 61+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An arrangement between individual an a insurer to protect the individual against risk

Premium

Insurance

Deductible

Policy Holder

Risk

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fee paid to the insurer to be covered under specific terms.

Premium

Insurance

Deductible

Policy Holder

Risk

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The uncertainty about a situation’s outcome.

Premium

Insurance

Deductible

Policy Holder

Risk

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount paid out of pocket by the policy holder for the initial portion of a loss before the insurance coverage begins.

Premium

Insurance

Deductible

Policy Holder

Risk

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

consumer who purchases the policy

Premium

Insurance

Deductible

Policy Holder

Risk

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sally is not feeling well so her mother takes her to the doctor. The doctor tells her she has strep throat, gives her medication, and sends her home to recover. What type of insurance would be used?

Automobile

Life

Homeowners

Health

Disability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

John is driving down the road and a deer runs into the road. He misses the deer but instead hits a small tree on the side of the road. What type of insurance would be used?

Automobile

Life

Homeowners

Health

Disability

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