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Which of the following is a type of automobile insurance that covers property damage?
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
Miley’s eight-year-old computer was destroyed in a flood. Her insurance company paid her the cost of buying a brand-new computer. This indicates that Miley had purchased
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
A dependent is
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
The most important feature of universal life insurance is that
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
The loss in value of an item over time is called
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
To have an insurable interest in the life of another person, you must
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
Which of the following types of life insurance does NOT have a cash value?
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
All of these are considered permanent life insurance except
comprehensive coverage
replacement insurance.
term life insurance
a person who must rely on another for financial support.
receive some financial benefit from that person's continued life
term life
depreciation.
the investment portion earns a variable rate of return.
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