Category : Finance

Insurance Quiz: How Much You Know About Insurance?

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Questions & Options


1. Which of the following is the type of insurance?

147577 Life Insurance
147578 General Insurance
147579 Both of the above
147580 None of these

2. Which insurance comes under general insurance?

147581 House insurance
147582 Motor vehicle insurance
147583 Crop Insurance
147584 All of the above

3. The amount paid for insurance is called:

147585 Closing cost
147586 Premium
147587 Deductible
147588 None of these

4. Insurance that protects your family against financial loss due to your death is called:

147589 Coinsurance
147590 Disability insurance
147591 Life insurance
147592 All of the above

5. The insurance that provides protection against financial loss from medical bills is called:

147593 House insurance
147594 Health insurance
147595 Life insurance
147596 Motor insurance

6. The car insurance that covers damage to your OWN motor vehicle is:

147597 Collision
147598 Comprehensive
147599 Uninsured motorist
147600 All of the above

7. You can't work due to an injury, this type of insurance will pay you a portion of the income you lose:

147601 Disability
147602 Health
147603 Premium
147604 All of the above-mentioned

8. In which insurance should pay for damages if a tree goes through your roof?

147605 Homeowners
147606 Product
147607 Health
147608 None of these

9. What does renters insurance cover?

147609 Personal items the tenant owns
147610 Earthquake
147611 The damage to the property
147612 All of the above

10. Which of the following Life Insurance policy only pays a beneficiary when a person dies during a pre-determined time period?

147613 Comprehensive
147614 Whole Life Insurance
147615 Term Life Insurance
147616 Variable Life Insurance

11. When was Pradhan Mantri Jeevan Jyoti Bima Yojana launched?

147617 09 May 2014
147618 09 May 2015
147619 09 May 2017
147620 09 May 2019

12. PMJJBY is a renewal term insurance policy that, provides a yearly life insurance coverage of:

147621 ₹ 200
147622 ₹ 2,000
147623 ₹ 2,00,00
147624 ₹ 2,00,000
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