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1. What do you pay to an insurance company in exchange for protection from risk?
A
Premium
B
Collateral
C
Bribe
2. How does insurance protect you from loss?
A
legal contract that fixes your losses
B
a security blanket after a fire
C
Company saves $ from many to pay claims
3. Identify a risk with which insurance can help you cope
A
The dock breaks during your family photo
B
Your car gets dinged in the parking lot
C
A tree limb falls on your car
4. Identify a risk with which insurance can help you cope.
A
Your child needs an operation.
B
Your child wrecked her bicycle.
C
Your child has a bad cold.
5. Identify a risk with which insurance can help you cope.
A
You stubbed your toe
B
you're in a fender bender
C
you die in a car crash
6. Identify a risk with which insurance can help you cope.
A
you get lost on vacation
B
your luggage is lost at the airport
C
your flight gets delayed
7. What kind of insurance would help when you're robbed?
A
Disability
B
Health
C
Home Owners
8. What kind of insurance would help when you're injured & can't work?
A
Health
B
Disability
C
Life
9. What kind of insurance would help when take out your neighbor's landscaping in an ice storm?
A
Collision
B
Home
C
Liability
10. What kind of insurance would help when you're car is totaled when another driver runs a stop sign?
A
Collision
B
Liability
C
Health