• 1. 
    Someone who relies on someone else for income and care

  • beneficiary
  • claim
  • deductible
  • dependent
  • 2. 
    You fall off your bike and sprain your wrist.

  • Disability Insurance
  • Automobile Insurance
  • Health Insurance
  • Life Insurance
  • 3. 
    You hit a deer with your car and it needs to be repaired

  • Liability Insurance
  • Comprehensive Insurance
  • Collision Insurance
  • Life Insurance
  • 4. 
    This type of insurance pays the expenses of a hospital stay.

  • medical
  • surgical
  • hospitalization
  • health
  • 5. 
    Your house is destroyed by a tornado and you need to rebuild it.

  • Homeowners Insurance
  • Renters Insurance
  • Life Insurance
  • Liability Insurance
  • 6. 
    Insurance that protects your family against financial loss due to your death is

  • coinsurance
  • disability insurance
  • life insurance
  • comprehensive insurance
  • 7. 
    Surgical insurance covers the fees of

  • teachers who teach
  • professors who instruct
  • truck drivers who drive
  • doctors who perform surgery
  • 8. 
    An unexpected death of a family member occurs and results in funeral expenses

  • Long-term care Insurance
  • Disability Insurance
  • Life Insurance
  • Liability Insurance
  • 9. 
    Bodily injury covers your liability for injury to

  • yourself
  • property
  • others
  • other cars
  • 10. 
    You have a $20 copay every time you go to the doctor. You have a $250 deductible, and a $1000 annual premium for health care. How much money do you have to pay out of pocket before insurance kicks in?

  • $20
  • $100
  • $250
  • $1000
  • 11. 
    The type of insurance that covers damage or loss to a vehicle from fire, theft, vandalism, or hail is called

  • term life insurance
  • bodily insurance
  • comprehensive
  • collision
  • 12. 
    Which is NOT a source of Disability Income?

  • Worker's Compensation
  • Private Insurance
  • Social Security
  • University
  • 13. 
    A formal request to an insurance company asking for a payment when the policyholder has an acciden, illness or injury

  • emergency savings
  • coverage
  • claim
  • employee benefits
  • 14. 
    After your knee surgery, you are unable to work for 3 months and you need help paying expenses while you're out of work

  • Disability Insurance
  • Health Insurance
  • Life Insurance
  • Automobile Insurance
  • 15. 
    Which type of Life Insurance policy only pays a beneficiary when a person dies during a time period?

  • Term Life Insurance
  • Whole Life Insurance
  • Variable Life Insurance
  • Universal Life Insurance
  • 16. 
    Employers may offer employee benefits in the form of products or services that add extra value for employees beyond earned wages

  • disability insurance
  • employee benefits
  • health insurance
  • automobile insurance
  • 17. 
    What type of insurance coverage is considered specialized?

  • Floods and earthquakes
  • Stolen or destroyed property
  • Loss of Use
  • Property Damage from a fire
  • 18. 
    This type of insurance pays the fees of other doctors who see you in or out of the hospital.

  • hospitalization insurance
  • disability insurance
  • medical insurance
  • life insurance
  • 19. 
    The purpose of insurance is to completely transfer risk to other people.

  • TRUE
  • FALSE
  • 20. 
    Your car is totaled during a hit and run accident

  • Uninsured Motorist Insurance
  • Life Insurance
  • Comprehensive Insurance
  • Collision Insurance
  • 21. 
    Someone who receives money if an insured person dies

  • claim
  • beneficiary
  • dependent
  • employee benefits
  • 22. 
    Cash set aside that can be used to cover the costs of unexpected expenses

  • emergency savings
  • emergency spending
  • emergency fraud
  • emergency share
  • 23. 
    Which of the following is NOT covered by Property Damage Liability Coverage?

  • Cars
  • Poles
  • Signs
  • Medical Bills
  • 24. 
    The sprinkler system in your house goes off and it damages the flooring

  • Renters Insurance
  • Homeowners Insurance
  • Umbrella Policy
  • Disability Insurance
  • 25. 
    You crash your car into another vehicle and hurt someone else in the car

  • Bodily Injury Liability
  • Property Damage Liability
  • Collision Insurance
  • Comprehensive Insurance
  • 26. 
    What year was Obamacare made?

  • 2018
  • 2010
  • 2008
  • 2016
  • 27. 
    According to the Affordable Care Act, children can be on their parents' health insurance until what age?

  • Until they get a full time job
  • 22
  • 26
  • 28
  • 28. 
    The risks covered and amount of money paid for losses under an insurance policy

  • emergency savings
  • beneficiary
  • claim
  • coverage
  • 29. 
    Requires the insured individual to pay a fixed percentage of the loss after the deductible has been paid

  • employee benefits
  • co-insurance
  • deductible
  • coverage
  • 30. 
    How many states elected not to expand Medicaid, limiting accessibility for their residents?

  • 17
  • 20
  • 36
  • 14
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