US Insurance Tennessee Test 1

Insurance » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

Insurance — Test 1 (Tennessee) Professional (Insurance, USA) USA — Tennessee State Insurance License — USA

What is this test? for Insurance (Property/Casualty, Life/Health) license, USA — Professional (Insurance, USA) level, USA — Tennessee.
For adults preparing for Insurance license in the USA
Section: Insurance — Test 1 (Tennessee) · Education: Professional (Adult) · Part: Insurance — Test 1 (Tennessee) · Country: USA · Region: USA — Tennessee

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is a premium?

A) copay

B) claim payout

C) regular insurance payment

D) deductible

Question 2

What is a deductible?

A) copay

B) payout

C) monthly bill

D) amount paid before coverage

Question 3

What is a copay?

A) fixed visit fee

B) premium

C) payout

D) deductible

Question 4

What is liability coverage?

A) your car repairs

B) medical for you

C) theft of yours

D) pays others' damage you cause

Question 5

What is collision coverage?

A) liability

B) flood

C) your car crash repairs

D) theft

Question 6

What is comprehensive coverage?

A) collision

B) health

C) non-crash damage (theft, hail)

D) liability

Question 7

What is term life insurance?

A) lifetime

B) no expiry

C) investment

D) coverage for a set period

Question 8

What is whole life insurance?

A) lifetime plus cash value

B) term only

C) yearly

D) no payout

Question 9

What is a beneficiary?

A) agent

B) adjuster

C) lender

D) person receiving payout

Question 10

What is underwriting?

A) risk assessment for policies

B) canceling

C) selling

D) claim filing

Question 11

What is an exclusion?

A) premium

B) covered item

C) what policy does NOT cover

D) deductible

Question 12

What is a rider?

A) claim

B) basic policy

C) added coverage option

D) cancel

Question 13

What is coinsurance?

A) full coverage

B) premium

C) shared percent after deductible

D) copay

Question 14

What is an out-of-pocket max?

A) unlimited

B) yearly payment ceiling

C) deductible

D) premium

Question 15

What is HMO?

A) PPO

B) any doctor

C) no referrals

D) network HMO care plan

Question 16

What is PPO?

A) HMO only

B) flexible network plan

C) no coverage

D) free care

Question 17

What is flood insurance?

A) homeowners covers

B) no need

C) separate NFIP policy

D) auto covers

Question 18

What is an adjuster?

A) assesses claim payouts

B) collects premiums

C) sells policies

D) cancels

Question 19

What is subrogation?

A) canceling

B) insurer recovering from at-fault party

C) doubling payout

D) refunding

Question 20

What is actual cash value?

A) purchase price

B) agreed value

C) replacement minus depreciation

D) new price

US Insurance Tennessee Test 1

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