Risky Business - Insurance
Authored by Nikki Melius
Life Skills
9th - 12th Grade
CCSS covered
Used 76+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Premium
a policyholder's request for payment for a loss
the amount the policyholder must pay for insurance coverage
the possibility of incurring a loss
the profit made from insurance
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A policyholder is
Another term for an insurance company
The person or company buying the insurance policy
The amount paid for insurance coverage
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The out of pocket cost to the insured when a loss occurs is called...
Premium
Deductible
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
This professional analyzes statistics and uses them to calculate risks and premiums.
Agent
Actuary
Claims Clerk
Underwriter
Tags
CCSS.HSS.MD.B.6
CCSS.HSS.MD.B.7
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Insurance that protects your family against financial loss due to your death is
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The person named in a life insurance policy to receive the death benefit is called the
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If you can not work due to a health condition or injury, this type of insurance will pay you a portion of the income you lose.
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
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