Insurance Quizzes, Questions & Answers

Recent Quizzes

Absolute Insurance Surveyors & Loss Assessors Quiz

Risk is the eventuality of winning or losing. In business, insurance takes care of risks in the chance that they occur. The Absolute Insurance Surveyors & Loss Assessors Quiz below dives deeper into the details.

Questions: 50 | Attempts: 2172 | Last updated: Mar 22, 2023

Sample Question
The proposer pays a consideration to the insurance company for bearing the risk on his behalf. What is the consideration known as?

Enrollment Fee

Premium

Sum Insured

Installment

Traditional Insurance Policies: Quiz!

Questions: 33 | Attempts: 1967 | Last updated: Mar 21, 2023

Sample Question
Which age proof cannot be accepted as STD age proof?

LIC policy kit

School certificate

Birth certificate

PAN card

All of the above.

Employment Practices Liability Insurance

Are you an employer or prospective employer seeking to gather knowledge on how to cover yourself against claims that may be made by employees on matters wrongful termination and other employment related issues? Take the...

Questions: 10 | Attempts: 145 | Last updated: Aug 13, 2024

Sample Question
Employment Practices Liability Insurance is written on a Claims-Made basis. This means the claim must be made against the insured and submitted...

Within the policy period

Any time so long as the claim occurred during the policy period

Within 5 years of the policy period

Within 10 years of the policy period

Insurance Policy Protects Quiz Questions

insurance policy protects quiz questions

Quiz Description

Questions: 11 | Attempts: 136 | Last updated: Jul 30, 2024

Sample Question
You are advising a client about retirement planning. The client is 38 years old and wants to purchase a retirement annuity to supplement future Social Security benefits and a company pension plan. The client does not currently have any significant savings, but insists that he will be able to set something aside each year for annuity payments. Which of the following plan structures would be most appropriate for this client?

Periodic payment immediate results

Single payment deferred annuity

Periodic payment deferred annuity

Single payment immediate annuity

What Do You Know About Commercial Property Insurance? Trivia Quiz

What do you know about Commercial Property Insurance? Trivia Quiz

What Do You Know About Commercial Property Insurance? If you have a property there are a lot of risks that you may face and taking an insurance policy may be the best way to cushion yourself from the losses either partially or...

Questions: 10 | Attempts: 275 | Last updated: Mar 21, 2023

Sample Question
If an applicant wants only property coverage - you should quote this under a CPP rather than BOP.

True

False

General Information Agent Quiz

General information Agent quiz

This quiz is intended to test the general knowledge of LECMPA sales agents. The agent who scores the highest on this quiz will win a Red Ox grip embroidered with the LECMPA logo. Tie breaker will be determined by the agent who...

Questions: 20 | Attempts: 94 | Last updated: Nov 15, 2023

Sample Question
Which of the following is NOT a benefit of being a Mutual Insurance Company?

Company issues binding insurance contracts.

Our shareholders expect more profit.

The company is supervised by the state insurance department.

Company must make public filings about finances and operations.

How Insurance Rates Are Set.

How Insurance Rates are Set.

Find out about insurance and stuff.

Questions: 15 | Attempts: 44 | Last updated: Apr 27, 2023

Sample Question
Which age group generally has the highest insurance rates?

Teenagers

20-30

30-40

40-50

50-60

60-80

A Practice Test On Insurance! Trivia Quiz

A Practice Test on Insurance! Trivia Quiz

Practice test on insurance trivia quiz. Insurance companies are created to ensure that entities are protected from the consequences of a risk occurring. Insured is expected to pay a premium which estimates the amount they...

Questions: 49 | Attempts: 341 | Last updated: Mar 21, 2023

Sample Question
Traditionally, risk has been defined as

Any situation in which the probability of loss is one.

Any situation in which the probability of loss is zero.

Uncertainty concerning the occurrence of loss.

The probability of a loss occurring.

The Second Michigan No-fault Insurance Law Quiz

The Second Michigan No-Fault Insurance Law Quiz

Find out how well you know Michigan No-Fault Insurance Laws. Take the all new second Michigan No-Fault Insurance Law Quiz and be Entered to Win a Prize.

Questions: 10 | Attempts: 65 | Last updated: Jun 7, 2023

Sample Question
The time limitation for filing a lawsuit against a negligent driver for non-economic damages, including pain and suffering, scarring, and wrongful death is:

One year from the date of the accident

Two years from the date of the accident

Three years from the date of the accident

Four years from the date of the accident

Insurance Chapter 4: Prossessing An Insurance Claim

Insurance Chapter 4: Prossessing an Insurance Claim

Questions: 25 | Attempts: 2337 | Last updated: Mar 22, 2023

Sample Question
Which means that the paitent and or insured has authorized the payer to reimburse the provider directly?

Accept assignment

Assignment of benifits

Coordination of benifits

Medical necessity

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