Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Insurance
Group project insurance test questions
| Question | Answer |
|---|---|
| Does a home in a flood zone require a separate flood insurance policy | Yes |
| What does uninsured motorist coverage do | It covers expenses if in an accident with someone who does not have insurance |
| If someone at fault is underinsured who covers the rest of the expenses | The victim would cover the rest of the expenses |
| What kind of insurance only protects personal property | Property coverage C-personal property coverage |
| What insurance offers the same protection as a homeowners policy | Renters Insurance |
| What property coverage provides money for a family to live elsewhere if not possible at their own home | Property coverage D-loss of use |
| What property coverage protects things such as detached garages and swimming pools | Property coverage B-other structures |
| What is the cause of a loss called | A peril |
| What is the fee called for an insurance company in protecting property, life, or health | A premium |
| How does Medigap effect a deductible | It can cover 20% of the deductible expense |
| Who does Medicaid insure | Low income groups |
| Who does Medicare insure | Persons age 65 and older |
| What is a decline in value called | A loss |
| What does long term medical coverage provide | Provides long term nursing care outside hospital stay |
| Is State Farm an insurer or insured | Insurer |
| Is a driver the insurer or insured | Insuured |
| What document does an insurance company issue its policy holder that provides detail about coverage | An insurance policy |
| What does the insured need to report if a loss has occurred | A claim |
| What is the portion of the expense that is not covered by the insurer | A deductible |
| What type of insurance provides benefits to a disabled wage earner | Disability insurance coverage |
Created by:
k3v1n123
Popular Business sets