Insurance Quiz
Authored by Rebecca Vlainich
Life Skills
9th Grade
Used 4+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when you injure someone or damage their property?
The insurance company pays on your behalf
You are exempt from any payments
The government pays for the damages
You must pay out of pocket
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does insurance help protect against?
Financial loss
Academic failure
Political instability
Social isolation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary benefit of having insurance?
Financial protection and reimbursement
Guaranteed employment
Free healthcare
Unlimited travel
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a premium in the context of insurance?
The maximum amount an insurer will pay
A request made to an insurer for compensation
The price of a policy, typically expressed as a monthly cost
The amount paid out-of-pocket before insurance pays
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a claim in insurance terms?
The price of a policy
The maximum amount an insurer will pay
A request made to an insurer for compensation
The amount paid out-of-pocket before insurance pays
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How often is a premium typically expressed?
Annually
Monthly
Weekly
Daily
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a term related to insurance?
Premium
Policy Limit
Claim
Interest Rate
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