Questions LLC
Login
or
Sign Up
Ask a New Question
Insurance
Page 8
Questions (735)
Explain the difference between Actual Cash Value and Replacement Cost.
1 answer
asked anonymously
16 views
Describe double indemnity?(1 point) Responses
the policyholder is paying a fixed premium for coverage on a loan that has a
1 answer
asked anonymously
60 views
Describe double indemnity?(1 point) Responses
the policyholder is paying a fixed premium for coverage on a loan that has a
1 answer
asked anonymously
54 views
Describe double indemnity?(1 point) Responses the policyholder is paying a fixed premium for coverage on a loan that has a
1 answer
asked anonymously
39 views
Why does geographic location affect the cost of premiums?(1 point) Responses There are less car mechanics in certain areas so
1 answer
asked anonymously
40 views
What is no-fault insurance?(1 point) Responses Unlimited bodily injury liability mandated by the states to ensure that anyone
1 answer
asked anonymously
54 views
What is the 80% rule?(1 point) Responses Insurance companies will require the policy holder to cover 80% of the deductible up
1 answer
asked anonymously
61 views
What might happen if someone is dishonest on their insurance application?(1 point) Responses The insurance company is very
1 answer
asked anonymously
44 views
How might insurance be affected if the applicant has a dangerous job?(1 point) Responses The application could be denied. The
1 answer
asked anonymously
41 views
Which of these choices are add-on options for insurance policies? Select the two correct answers.(1 point) Responses jewelry
1 answer
asked anonymously
92 views
Which of these options is a new type of insurance?(1 point) Responses renters renters major medical major medical identity theft
1 answer
asked anonymously
47 views
Which insurance pays beneficiaries directly upon accidental death or loss of functionality? (1 point)
A.accidental death and
1 answer
asked by
Angle
54 views
Describe mortgage protection life insurance (1 point)
A.a contract that helps pay for repair or replacement due to normal use
1 answer
asked by
Angle
47 views
What does personal injury protection do? (1 point)
A.It covers medical costs to the driver and passengers of the named vehicle.
1 answer
asked by
Angle
60 views
What does bodily injury liability coverage do? (1 point)
A.It covers medical costs to the driver and passengers of the named
1 answer
asked by
Angle
72 views
Which is considered a dwelling coverage? (1 point)
A.It is that part of your property insurance that provides financial
1 answer
asked by
Angle
57 views
Describe whole life insurance. (1 point)
A.It is a type of permanent life insurance that offers flexibility on how to invest the
1 answer
asked by
Angle
65 views
What is life insurance? (1 point)
A.It is often sponsored by the employer as part of benefits and provides protection to an
1 answer
asked by
Angle
52 views
What is long-term disability insurance?
(1 point) A.It is often sponsored by the employer as part of benefits and provides income
1 answer
asked by
Angle
56 views
What is long-term disability insurance?
(1 point) A.It is often sponsored by the employer as part of benefits and provides income
1 answer
asked by
Angle
74 views
A) Why does geographic location affect the cost of premiums? (1 point)
A.There are less car mechanics in certain areas so the
1 answer
asked by
Angle
64 views
A) Describe double indemnity? (1 point)
A.the policyholder is paying a fixed premium for coverage on a loan that has a decreasing
1 answer
asked by
Angle
48 views
A) What might happen if someone is dishonest on their insurance application? (1 point)
A.The insurance company is very unlikely
1 answer
asked by
Angle
79 views
A) How might insurance be affected if the applicant has a dangerous job? (1 point)
A.The application could be denied. B.The
1 answer
asked by
Angle
50 views
A) Which of these options is a new type of insurance? (1 point)
A.renters B.major medical C.identity theft D.vacation
1 answer
asked by
Angle
42 views
Describe double indemnity?
• the policyholder is paying a fixed premium for coverage on a loan that has a decreasing payout •
1 answer
asked anonymously
48 views
Why does geographic location affect the cost of premiums?
• There are less car mechanics in certain areas so the cost to repair
1 answer
asked anonymously
41 views
What is no-fault insurance?
• Unlimited bodily injury liability mandated by the states to ensure that anyone hurt in an
1 answer
asked anonymously
58 views
What is the 80% rule?
• Insurance companies will require the policy holder to cover 80% of the deductible up front. • Banks
1 answer
asked anonymously
51 views
What might happen if someone is dishonest on their insurance application?
• The insurance company is very unlikely to find out.
1 answer
asked anonymously
67 views
How might insurance be affected if the applicant has a dangerous job?
• The application could be denied. • The premiums could
1 answer
asked anonymously
63 views
Which of these options is a new type of insurance?
• renters • major medical • identity theft • vacation
1 answer
asked anonymously
47 views
Which of the following is an advantage of whole life insurance over term life insurance?(1 point) Responses Whole life insurance
1 answer
asked by
help
95 views
Solve the following problems related to automobile insurance.
Jerry Adams normally pays $875 for bodily injury and property
3 answers
asked by
C
1,756 views
Which insurance pays beneficiaries directly upon accidental death or loss of functionality? (1 point) Responses accidental death
1 answer
asked by
help
69 views
Automobile and Supplemental Insurance Quick Check 4 of 54 of 5 Items Question Describe mortgage protection life insurance.(1
1 answer
asked by
help
70 views
What does personal injury protection do?(1 point) Responses It covers damage to other people’s property. It covers damage to
1 answer
asked by
help
70 views
What does bodily injury liability coverage do?(1 point) Responses It covers injury or death to others caused by the named driver
1 answer
asked by
help
88 views
(b) Why do you think does good faith play such an important role in insurance
contracts? [2]
1 answer
asked anonymously
23 views
Question 3
Thabo applies for life insurance with TrustLife Insurance Co. He completes a proposal. In the proposal the following
1 answer
asked anonymously
41 views
If a person has liability insurance, what would they be covered for?
Question 1 options: Repairing damage to other cars if they
1 answer
asked anonymously
45 views
What is a premium?
Question 2 options: The amount you pay the insurance company for coverage. The most you have to pay for health
1 answer
asked anonymously
47 views
What is short-term disability insurance? (1 point)
- It covers the employee's income and medical costs when they are hurt on the
1 answer
asked anonymously
47 views
What is long-term disability insurance?
(1 point) • It is used to protect income in case of illness or injury for people
1 answer
asked anonymously
53 views
What is life insurance? (1 point)
- It is used to protect income in case of illness or injury for people younger than 65 years
1 answer
asked anonymously
41 views
Describe whole life insurance. (1 point)
- It is a type of permanent life insurance that offers flexibility on how to invest the
1 answer
asked anonymously
53 views
Which is considered a dwelling coverage? (1 point)
• That part of your property insurance that provides financial protection
1 answer
asked anonymously
55 views
What is a deductible? (1 point)
• the amount paid by the policyholder before the insurance policy starts paying on the claim
1 answer
asked anonymously
67 views
What is a premium? (1 point)
• the maximum amount a policy will pay out in any one year • the amount paid after the
1 answer
asked anonymously
61 views
Which defines insurance? (1 point)
• a program that manages risk by avoiding it • a policy purchased from a company that
1 answer
asked anonymously
57 views
Pages
1
2
3
4
5
6
7
8
9
10
Parent Categories (42)
Accounts
Banking
Building
Business
Business and Finance
Business and Industry
Business or Finance
Business Studies
Business/Economics
Business/Finance
Careers
Economics
Economics and Finance
Education
Finance
Finance and Accounting
Finance and Business
Finance and Insurance
Finance and Risk Management
Finance/Economics
Finances
Financial
Financial Accounting
Financial Mathematics
Financial Planning
Financial Regulations
Financial Risks
Financial Services
Financing and Regulation
Health
Health and Wellness
Healthcare
Legal
Legal and Financial
Medical
Personal Finance
Probability
Probability and Risk
Probability and Statistics
Risk Management
Services
Test