Review For Insurance Quiz Question Preview (ID: 40287)


Review For Insurance Quiz. TEACHERS: click here for quick copy question ID numbers.

A monthly fee paid to the insurance company is called?
a) Policy Fee
b) Deductible
c) Peril
d) Premium

Homeowner's insurance doesn't cover which of the following:
a) Vandalism to garage
b) Vandalism to car
c) fire to house
d) theft of property

Separate insurance policy for wedding/engagement rings is called?
a) No-fault insurance
b) Personal Property Floater
c) Liability Insurance
d) Homeowner's policy

You visit the doctor and your insurance requires you to pay a $35 fee. This fee is called?
a) Premium
b) Deductible
c) Co-pay
d) Policy Fee

Type of insurance that only coverages catastrophic epenses?
a) Basic Health Insurance
b) Major Medical
c) Dental Insurance
d) Vision Insurance

Which of the following is not a type of permanent life insurance?
a) Whole
b) Universal
c) Variable
d) Term

What type of insurance will cover your expenses if you are injured while at work?
a) Social Security Diability
b) Worker's Comp
c) Group Disability
d) PPO (preferred Provider Organization

Basic Health Insurance covers everything below except
a) hospital expenses
b) doctor visits
c) dental procedures
d) surgical expenses

Which is a reason to purchase life insurance?
a) payoff mortgage at time of death
b) provide for children's needs after death
c) to accumulate savings (in some types of life insurance plans)
d) All of the above are reasons to purchase life insurance

What type of car insurance is also known as act of mother nature insurance?
a) Collison
b) Umbrella
c) Comprehensive
d) Liability

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