Insurance Quiz

Insurance Quiz

11th - 12th Grade

19 Qs

quiz-placeholder

Similar activities

FPL VOCAB 11: Insurance

FPL VOCAB 11: Insurance

12th Grade

16 Qs

PFM Chapter 14 Review

PFM Chapter 14 Review

10th - 12th Grade

20 Qs

Financial and Insurance Terms

Financial and Insurance Terms

12th Grade

20 Qs

Employee Benefits and Legal Requirements Quiz

Employee Benefits and Legal Requirements Quiz

9th - 12th Grade

15 Qs

IBT Finals Review #2

IBT Finals Review #2

9th - 12th Grade

20 Qs

Insurance Knowledge Quiz

Insurance Knowledge Quiz

9th - 12th Grade

16 Qs

LC Insurance 1

LC Insurance 1

12th Grade

15 Qs

Types of Insurance

Types of Insurance

10th - 12th Grade

18 Qs

Insurance Quiz

Insurance Quiz

Assessment

Quiz

Business

11th - 12th Grade

Medium

Created by

Dave Gledhill

Used 4+ times

FREE Resource

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the correct definition of insurance?

Insurance is a type of investment for wealth accumulation.
Insurance is a government program that provides free healthcare.
Insurance is a contract that provides financial protection against losses.
Insurance is a service that guarantees profit in business ventures.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is the main benefit of insurance?

Financial protection against unforeseen events
Tax deductions on all expenses
Free healthcare services
Guaranteed income for life

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The mandatory payment that is made towards the cost of making an insurance claim is called the...

deductible
excess
co-payment
premium

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT a recognised type of insurance in the UK?

alien insurance
life insurance
travel insurance
pet insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the regular payments which are made towards an insurance policy?

Deductibles
Co-payments
Coverage limits
Premiums

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might someone be refused life insurance?

Having a stable job
Being a non-smoker
Age under 30
Pre-existing health conditions or high-risk activities.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these countries has the highest cost of travel insurance when travelling from the UK?

Canada
Australia
Germany
USA

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?