Special Types of Insurance Policies Quiz
Test your knowledge on various types of insurance policies, from fire insurance to cyber insurance, in this comprehensive quiz.
#1
Which type of insurance policy provides coverage for damage to the insured's property caused by fire?
Health insurance
Life insurance
Homeowners insurance
Fire insurance
#2
What is the primary purpose of 'Credit Insurance'?
Coverage for damage to credit cards
Coverage for loss due to non-payment of debts
Coverage for medical expenses
Coverage for property damage
#3
What does 'Renters Insurance' typically cover?
Coverage for damage to the landlord's property
Coverage for loss of personal belongings due to theft, fire, or other covered perils
Coverage for medical expenses
Coverage for vehicle damages
#4
What does 'Travel Insurance' usually provide coverage for?
Coverage for damage to personal vehicles
Coverage for trip cancellations, medical emergencies, lost luggage, and other travel-related risks
Coverage for medical expenses
Coverage for damage to rental properties
#5
What does 'Pet Insurance' typically cover?
Coverage for damage to personal property
Coverage for veterinary expenses for pets
Coverage for medical expenses
Coverage for vehicle damages
#6
In insurance, what does 'Umbrella Policy' typically refer to?
A policy covering only medical expenses
A policy providing extra liability coverage beyond the limits of basic policies
A policy that covers damage to the insured's car
A policy exclusively for property damage
#7
What is 'Key Person Insurance' designed to cover?
Coverage for property damage
The life of an important employee or executive
Healthcare expenses of top management
Only vehicle insurance
#8
Which of the following is NOT a type of special insurance policy?
Terrorism insurance
Alien abduction insurance
Pet insurance
Health insurance
#9
What does 'Event Cancellation Insurance' provide coverage for?
Coverage for cancellation of travel plans
Coverage for loss of income due to event cancellation
Coverage for damage to property during an event
Coverage for medical expenses during an event
#10
What does 'Professional Liability Insurance' protect professionals against?
Coverage for damage to personal property
Coverage for errors or negligence that result in financial losses
Coverage for medical expenses
Coverage for travel expenses
#11
In insurance, what does 'Inland Marine Insurance' typically cover?
Coverage for shipping cargo over land
Coverage for damage to property caused by floods
Coverage for personal injury claims
Coverage for health-related expenses
#12
What does 'Kidnap and Ransom Insurance' typically cover?
Coverage for medical expenses
Coverage for losses due to kidnapping, extortion, or hijacking
Coverage for damage to property
Coverage for legal expenses
#13
What does 'Political Risk Insurance' provide coverage for?
Coverage for damage to property caused by natural disasters
Coverage for loss due to political events such as war, terrorism, or government confiscation
Coverage for legal expenses
Coverage for medical expenses
#14
What does 'Environmental Liability Insurance' protect against?
Coverage for damage to vehicles
Coverage for losses due to business interruptions
Coverage for losses resulting from pollution or environmental damage
Coverage for legal expenses
Sign In to view more questions.
Quiz Questions with Answers
Forget wasting time on incorrect answers. We deliver the straight-up correct options, along with clear explanations that solidify your understanding.
Popular Quizzes in Insurance
Popular Quizzes in Finance
Report