Business Law 4.02: Types Of Insurance Question Preview (ID: 25088)
4.02: Types Of Insurance.
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Due to Tommy's poor health, the planner suggested he purchase insurance that would provide coverage in case he could no longer take care of himself. Which type of insurance will Tommy purchase?
a) Dental
b) Spouse Rider
c) Long Term Care
d) Accidental Death and Dismemberment
Roger wants to purchase insurance that will provide financial support for his family in the event of his death. Which insurance should he purchase?
a) Life
b) Auto
c) Homeowners
d) Renters
When Rick begins his new job, he gets insurance and pays for it monthly He develops Cancer and must have radiation treatments. His insurance will not cover the radiation treatments. What term identifies this situation?
a) Cancellation
b) Exclusion
c) Expiration
d) Renewal
Fran is 80 years old and has to go to the doctor every month for treatments. What type of social security benefit will cover her?
a) Disability benefits
b) Medicare benefits
c) Retirement benefits
d) Survivors' benefits
During a recent violent storm in Kate's town, a large oak tree fell through the middle of her living room. Which type of insurance will cover the damages?
a) Life
b) Auto
c) Homeowners
d) Renters
John wants to add his new wife to his existing life insurance policy. Which type of insurance will John purchase?
a) Dental
b) Spouse Rider
c) Long Term Care
d) Accidental Death and Dismemberment
Linda stepped into a hole and fractured her ankle while delivering a package to Carol's residence. Which type of insurance would cover her injuries?
a) Life
b) Auto
c) Homeowners
d) Renters
On her 65th birthday, Teresa needs health care for a medical procedure. What type of social security benefit can she receive?
a) Disability
b) Medicare
c) Retirement
d) Survivors'
Max lost his arm in a farming accident. Which type of insurance will cover this loss?
a) Dental
b) Spouse Rider
c) Long Term Care
d) Accidental Death and Dismemberment
Jose falls off a ladder at work and breaks his leg. Social security could cover him under what type of benefit?
a) Disability
b) Medicare
c) Retirement
d) Survivors'
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