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Question of
What is a deductible in an insurance policy?
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Monthly payment for coverage
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Amount you pay before insurance covers expenses
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Total cost of the policy
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Refund from the insurer
Correct Wrong
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Question of
Which type of insurance covers damage to your car caused by natural disasters?
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Collision insurance
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Liability insurance
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Comprehensive insurance
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Uninsured motorist coverage
Correct Wrong
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Question of
What is the primary purpose of liability insurance?
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To cover your medical expenses
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To pay for damages you cause to others
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To replace your stolen car
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To cover natural disasters
Correct Wrong
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Question of
What does term life insurance cover?
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A specific period
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Your entire lifetime
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Any illness or accident
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Investment losses
Correct Wrong
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Question of
Which insurance is required by law for most drivers?
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Collision insurance
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Liability insurance
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Comprehensive insurance
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Personal injury protection
Correct Wrong
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Question of
What does homeowners insurance typically not cover?
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Fire damage
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Flood damage
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Theft
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Vandalism
Correct Wrong
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Question of
What is an insurance premium?
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The amount you pay monthly or annually for coverage
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The amount paid before coverage starts
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The amount deducted from a claim payout
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The amount refunded after cancellation
Correct Wrong
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Question of
Which health insurance plan allows you to see specialists without a referral?
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HMO
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PPO
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EPO
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POS
Correct Wrong
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Question of
Which of these typically builds cash value?
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Term life insurance
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Whole life insurance
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Travel insurance
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Title insurance
Correct Wrong
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Question of
What does renters insurance primarily cover?
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The building structure
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Personal belongings
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Home repairs
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Loss of landlord property
Correct Wrong
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Question of
What is the grace period in an insurance policy?
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Time to make a claim
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Time to renew the policy
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Time to pay the premium without cancellation
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Time for policy cancellation requests
Correct Wrong
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Question of
Which type of auto insurance covers medical expenses for you and your passengers?
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Comprehensive insurance
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Comprehensive insurance
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Liability insurance
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Collision insurance
Correct Wrong
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Question of
Which type of insurance is usually required when buying a home?
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Flood insurance
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Title insurance
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Life insurance
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Renters insurance
Correct Wrong
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Question of
What is umbrella insurance?
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Insurance for natural disasters
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Additional liability coverage beyond regular policies
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Coverage for multiple properties
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Travel insurance for international trips
Correct Wrong
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Question of
Which of these is true about health insurance copays?
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They vary based on income
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They are fixed amounts you pay for services
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They cover the entire cost of services
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They are reimbursed after treatment
Correct Wrong
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Question of
What does business interruption insurance cover?
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Damages to the business property
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Loss of income due to events like natural disasters
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Employee injuries
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Equipment replacement
Correct Wrong
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Question of
Which type of insurance protects against lawsuits?
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Professional liability insurance
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Property insurance
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Health insurance
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Auto insurance
Correct Wrong
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Question of
What does collision insurance cover?
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Damage caused by weather events
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Damage to your car in an accident
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Injuries to passengers in your car
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Theft of your car
Correct Wrong
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Question of
Which insurance covers you if the other driver is at fault but uninsured?
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Liability insurance
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Comprehensive insurance
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Uninsured motorist coverage
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Collision insurance
Correct Wrong
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Question of
What is a claims adjuster’s role in insurance?
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To sell policies
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To evaluate and settle insurance claims
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To process premium payments
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To renew policies
Correct Wrong
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