Insurance Quiz
Authored by Mr G
Financial Education
9th Grade
Used 2+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of insurance?
To invest money
To protect against financial loss
To borrow money
To save for retirement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of insurance is legally required for car owners in many countries?
Life insurance
Health insurance
Auto insurance
Home insurance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a premium refer to in insurance terms?
The amount paid for coverage in case of an accident
The amount received after filing a claim
The amount paid periodically to keep an insurance policy active
The maximum amount covered by an insurance policy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a deductible in an insurance policy?
The amount the insurance company will deduct from any claim
The amount the policyholder must pay before the insurance company pays a claim
The maximum amount the policyholder can claim
The minimum amount the policyholder can claim
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of insurance provides coverage for medical expenses?
Auto insurance
Health insurance
Life insurance
Property insurance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used to describe the person or entity that receives the benefit from an insurance policy?
Policyholder
Beneficiary
Insurer
Agent
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT typically covered by homeowners insurance?
Theft
Fire damage
Flood damage
Vandalism
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
Already have an account?
