Insurance Trivia
From deductibles to flood claims, prove you know what’s covered before the bill arrives.
EXAMPLE QUESTIONS
You cause a crash that damages someone else’s fence. Which type of liability coverage may help pay for the damage?
Property damage liability
What is the common name for an insurer’s advance review and approval of certain care before a patient receives it?
Preauthorization
What is the process called when a life insurer assesses an applicant’s risk to determine eligibility and premiums?
Underwriting
What is the abbreviation for the federal flood insurance program administered by FEMA?
NFIP
Unlike homeowners insurance, title insurance addresses forged deeds and undiscovered liens that can threaten which legal right?
Property ownership