Insurance Policy Selection: Needs Analysis & Premiums


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question 1 of 3

What term refers to the amount of money paid each month for an insurance policy?

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1. Which of the following is generally true of the relationship between premiums and deductibles?

2. Which of the following is true of insurance policies offered through work?

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About This Quiz & Worksheet

The worksheet/quiz combo is a tool that lets you see what you know about choosing the right insurance policy. Premium and deductibles are some terms you will be assessed on.

Quiz & Worksheet Goals

You will be assessed over these topics:

  • An example of self-insurance
  • Insurance policies offered through work
  • Types of insurance products
  • Term that refers to the amount of money paid each month for an insurance policy
  • Relationship between premiums and deductibles

Skills Practiced

  • Reading comprehension - ensure that you draw the most important details from the lesson on choosing insurance policies
  • Information recall - access the knowledge you have gained about an example of self-insurance
  • Interpreting information - verify that you can read information about the relationship between premiums and deductibles and interpret it correctly

Additional Learning

Discover more details by using the lesson named Insurance Policy Selection: Needs Analysis & Premiums. You can cover the following objectives:

  • Understand the importance of having an insurance policy
  • Review costs of insurance policies
  • Figure out what needs to be considered when choosing the right insurance policy