NAME: ________________________

Purple Mod vocab wk 1 Test

Question Types


Prompt With


Question Limit

of 10 available terms

4 Written Questions

3 Multiple Choice Questions

  1. One insurance policy that covers a group of people.
  2. An individual who is covered by an insurer.
  3. The binding force in any contact that gives it legal status; the object of value that each party gives to the other.

3 True/False Questions

  1. NegligenceFailure to exercise a reasonable degree of care.

          

  2. IndemnifyA specific sum of money paid by the insured to the insurance company in exchange for financial protection against loss.

          

  3. Subpoena duces tecumA certain amount of money that the patient must pay each year toward his or her medical expenses before health insurance benefits begin.