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LEB:14

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1.
5 points
The recipient of the amount to be paid by the insurer
2.
5 points
The act of paying to compensate for the loss to the suffering party
3.
5 points
Insurance transfers financial risks from insurance companies to individuals.
4.
5 points
The two types of life insurance are called
5.
5 points
To figure out the amount of contents coverage you will need, you should estimate what it would cost to replace all your belongings with new ones.
6.
5 points
What is a CLUE Report
7.
5 points
Which of the following is NOT on of the 3 key questions related to Life insurance
8.
5 points
Which of the following is NOT a discount available to consumers for insuance.
9.
5 points
It is recommended to have at least _____ amount of insurance.
10.
5 points
Which coverage covers the cost to live somewhere else if a covered peril occurs.
11.
5 points
Which type of life insurance most expensive.
12.
5 points
The amount that you must pay before the insurance company will pay for damages is called the
13.
5 points
What is the Actual Cash Value?
14.
5 points
The party who is covered or protected by an insurance policy is called the
15.
5 points
Damages caused by floods are not included in a standard homeowners policy.
16.
5 points
What is the pupose of insurance
17.
5 points
The potential to sustain loss if the insured property is damaged or destroyed or if the insured person is injured or dies
18.
5 points
The 3 types of homeowners insurance are short, medium and long.
19.
5 points
Life insurance can be used to cover Immediate expenses, Ongoing expenses and Future expenses.
20.
5 points
________ insurance protects against direct and accidental damage done to a car that is overturned or wrecked into another object.
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