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Business Disability Insurance

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Business disability insurance _____

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1. Which type of insurance covers operating expenses if the owner becomes disabled?

2. Which type of insurance buys out the business interest of a disabled owner?

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About This Quiz & Worksheet

The quiz and worksheet are tools you can use at any time to test yourself on business disability insurance. Types of insurance that businesses utilize are the kind of topics you are expected to know for the quiz.

Quiz & Worksheet Goals

Use these materials to check your understanding of:

  • Type of insurance designed for two parties in case one party gets injured and can't work
  • What business disability insurance is
  • Type of insurance that covers operating expenses if the owner becomes disabled
  • An insurance type that covers the replacement costs of finding another employee
  • Type of insurance that buys out the business interest of a disabled owner

Skills Practiced

  • Making connections - use understanding of the concept of business disability insurance to recognize its purpose
  • Knowledge application - use your knowledge to answer questions about the different types of business insurance
  • Information recall - access the knowledge you have gained about what business disability insurance covers

Additional Learning

In order to learn more, use the lesson titled Business Disability Insurance. Other topics you can explore at your own pace include:

  • The importance of business disability insurance
  • Sample business scenarios in which these types of insurance would come into play
  • How the forms of business disability insurance differ from each other
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