Insurance ESCAPE CAMP PF Review

ESCAPE CAMP

Escape the Camp while reviewing for the Unit 6 Check In.

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ESCAPE CAMP

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What strategy for managing risk do Hilary's actions demonstrate?

risk reduction

risk avoidance

risk acceptance

Excellent!

🎜 Right! 🎝

next!

Which BEST describes sharing the risk in exchange for paying a policy premium?

having insurance on her jewelry

storing jewlery in a vault at the bank

selling the jewelery

Excellent!

🎜 Right! 🎝

next!

What is the amount the policyholder must pay before the insurance company pays?

declaration page

policy limit

deductible

Excellent!

🎜 Right! 🎝

next!

The maximum amount an insurance company will pay is?

policy limit

deductible

premium

Excellent!

🎜 Right! 🎝

next!

A summary of the contents of the insurance policy contract is a?

premium

deductible

declaration page

Excellent!

🎜 Right! 🎝

next!

A premium is the cost of an insurance policy while a deductible is the amount the insured person pays when/if the insurance is needed.

true

false

Excellent!

🎜 Right! 🎝

next!

Congratulations!

You got the Music Badge!

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ESCAPE CAMP

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Bob is considering choices for his health insurance.

Medicaid

plan through Bob's employer

Medicare

Question

Which of these is a private health insurance plan option?

Ferdinand is looking for a new job.

CHIP

Medicare

COBRA

Question

Which is the BEST insurance option for Ferdinand while he is looking?

Congratulations!

You got the Flora Badge!

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ESCAPE CAMP

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Drag the light around to find the correct answer then click.

Which is the BEST statement regarding insurance deductibles?

Deductibles are only paid when you use insurance.

Health insurnace deductibles are paid once each year.

1/5

All of these

Auto and Home Ins. deductibles are paid for each incident.

Drag!

Which of these would use casualty/liability insurance? (it's your fault)

You lose control of your car and knock down a fence.

Your sound system was stolen from your car overnight.

2/5

Your basement floods.

Congratulations!

You got the Sun Badge!

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ESCAPE CAMP

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Which type of car insurance will cover the damage to your vehicle?

Choose the correct answer to leave the forest clean.

comprehensive

liabilty

collision

Congratulations!

THANKS FOR PLAYING!

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