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When people enter into a .
Question 1:
When people enter into a ....... insurance policy, they do this so their families are taken care of and*^*compensated should the insured parties die.
A.
death
B.
life
C.
demise
D.
dying
These questions are from this test. Would you like to take a practice test?
Real Life: Insurance Terms (2) | C1 – Advanced
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10 questions
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Some questions from the same exam
A ....... is a person who is named by a policy holder and compensated by an insurance company when a policy*^*holder dies. This person is the one who receives the money that is paid out by the insurance company.
In the United States, a ....... payment is a partial payment made by a person who received medical care while*^*covered under a group medical insurance plan.
Some insurance policies include disability ........ These are compensation terms that are in place should a*^*policy holder become partially or fully disabled in the event of an unforeseen accident.
In order to lower insurance premiums, some people opt for a ........ This is an agreed upon amount that must*^*be paid by a policy holder before an insurer pays out any compensation.
If a person fails to pay their insurance premiums on time, his/her account will fall into a ....... state.
When people enter into a ....... insurance policy, they do this so their families are taken care of and*^*compensated should the insured parties die.
A no-....... insurance plan means that your own insurance company pays you for any injuries and/or property*^*damage that occurs in minor accidents � regardless of who is to blame for the accident.
An insurance policy ....... is coverage that is continued past the specified, original term dates.
A ....... option is alternative method of payment, other than a lump sum payment, that a beneficiary can choose*^*when a pay-out is underway.
Workers' ....... insurance is a policy that is taken out by companies in the event employees are injured or killed*^*at work.*^*
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