Insurance terminology quiz

You can do this quiz online or print it on paper. It tests some of the terms covered in the glossary of Insurance terminology in our Vocabulary section.

1. If an insured house is damaged, the _______ must pay for repairs.

claimant
insurer
insured
a) claimant b) insurer c) insured

2. The terms and conditions of an insurance contract are stated in the _______ issued to the customer.

policy
claim
premium
a) policy b) claim c) premium

3. What do we call the money a customer pays monthly, quarterly or annually for insurance coverage?

the policy
the claim
the premium
a) the policy b) the claim c) the premium

4. A request by a customer for payment under the terms of an insurance contract is called

a policy
a claim
a premium
a) a policy b) a claim c) a premium

5. A person who's insured against loss of some sort is

an insurance agent
a policy holder
an insurance broker
a) an insurance agent b) a policy holder c) an insurance broker

6. Before signing an insurance contract, most people get advice from an independent

insurance agent
policy holder
insurance broker
a) insurance agent b) policy holder c) insurance broker

7. A person who sells insurance policies for an insurance company is

an insurance agent
a policy holder
an insurance broker
a) an insurance agent b) a policy holder c) an insurance broker

8. I went to hospital after the accident, but the medical bills were paid for by my

personal effects insurance
personal injury insurance
physical damage insurance
a) personal effects insurance b) personal injury insurance c) physical damage insurance

9. The person who receives payment after a life insurance policy holder has died is

the creditor
the dependant
the beneficiary
a) the creditor b) the dependant c) the beneficiary

10. A customer can cancel a new insurance policy without facing a penalty during the

cooling-off period
contestable period
cancellation period
a) cooling-off period b) contestable period c) cancellation period

Your score is:

Correct answers:

Contributor: Matt Errey. Matt is the author of several books including 1000 Phrasal Verbs in Context and Common English Idioms for learners, and Matt's ESL Games and Quizzes for teachers.