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Insurance and Investing

Authored by Aryanna Carper

Social Studies

11th Grade

Used 3+ times

Insurance and Investing
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30 questions

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1.

MATCH QUESTION

2 mins • 5 pts

Match the following

Person who evals. damage

Risk

Unmeasurable level of volatility/harm.

Open Enrollment

Time new persons can sign up for insur.

Adjuster

Descrip. of policy. Will/won't pay for.

Agent

Person who sells insurance

Coverage

2.

MATCH QUESTION

2 mins • 5 pts

Match the following

Monthly cost to keep insurance.

Deductible

Yearly limit on medical bills.

Scam

Fraud, getting $ for fake loss/claim.

Annual Max Payout

Yearly fee, fixed $ amount.

Premium

Pay into in case something bad happens.

Insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of insurance is required by Illinois state law?

Life

Dental

Car

Disability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number one cause of bankruptcy is medical debts.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of insurance is NOT essential?

Medical

Phone

Life

Boat

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What can raise the cost of your insurance premium? Choose all that apply.

Being between 30 and 50.

A safe driving record.

Owning multiple vehicles.

Being under 25.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hurricane Katrina nearly bankrupted the home insurance industry.

True

False

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