NAME: ______________________________
Name the six major types of Insurance:
1.
2.
3.
4.
5.
6.
Hour_______
List and explain the six different parts of a full coverage automobile policy:
1.
2.
3.
4.
5.
6.
List 8 things that determine how much your automobile insurance policy costs:
1.
2.
3.
4.
5.
6.
7.
8.
Fill in The Blank:
1.
2.
3.
______________________ is a means of guaranteeing your financial protection against various risks.
The ___________________ is the amount of money you pay for the coverage of an insurance policy.
The maximum amount of money the insurance company will pay if you file a claim is called the
__________________ ________________.
4. The chance of loss from some type of danger is _______________________.
5. _____________________ insurance pays medical bills when you or your family becomes sick or injured.
6. _____________________ insurance pays you an income when an illness or injury prevents you from
working.
7. _____________________ insurance protects you in case you are legally responsible for unintentionally
injuring someone or damaging another’s property.
8. _____________________ insurance provides financial support for the people who depend on you in the
event of your untimely death.
9. _____________________ insurance protects your possessions such as clothes, furniture, or other
material possessions in the event of damage or theft.
10. A ______________________ is the amount of a loss you must pay out of your own pocket before the
insurance company will pay the rest.