Insurance Terms

11th Grade45 minutes

Learning Objective

I can define basic insurance terms like premium, deductible, and coverage.

Practice Questions

This lesson includes 7 practice questions to reinforce learning.

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1. Define insurance in your own words. What is its primary purpose?

2. Explain the difference between a premium and a deductible in an insurance policy.

3. Describe a situation where having insurance would be beneficial. Explain what type of insurance would be most suitable and why.

...and 4 more questions

Educational Video

How Health Insurance Works | What is a Deductible? Coinsurance? Copay? Premium?

Ensemble

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