Choose the Correct Verb and then click on the blank to see the answer
- 1.
Acquiring insurance is a fundamental step in securing financial stability and protecting against potential ______.
losses
a) damages
b) losses
c) claims (Ansprüche) - 2.
The insurance policy, or ______ in German, details the terms and conditions of coverage.
Police
a) Coverage (Deckung)
b) Police
c) Premium (Prämie) - 3.
Paying the ______ ensures continuous insurance coverage.
premium (Prämie)
a) coverage (Deckung)
b) premium (Prämie)
c) liability (Haftpflicht) - 4.
Sufficient ______ shields against potential financial losses.
coverage (Deckung)
a) premium (Prämie)
b) coverage (Deckung)
c) risk (Risiko) - 5.
Managing ______ is a key aspect of the insurance industry.
risk (Risiko)
a) liability (Haftpflicht)
b) risk (Risiko)
c) claim (Anspruch) - 6.
Filing a ______ is the process of seeking compensation for covered losses.
claim (Anspruch)
a) premium (Prämie)
b) claim (Anspruch)
c) deductible (Selbstbeteiligung) - 7.
______ involves evaluating risks before issuing insurance policies.
Underwriting (Risikobewertung)
a) Adjusting (Anpassen)
b) Underwriting (Risikobewertung)
c) Assessing (Beurteilen) - 8.
The ______ provides insurance coverage.
insurer (Versicherer)
a) insurer (Versicherer)
b) insured (Versicherter)
c) beneficiary (Begünstigter) - 9.
The ______ is the individual or entity covered by an insurance policy.
insured (Versicherter)
a) insurer (Versicherer)
b) policyholder (Versicherungsnehmer)
c) insured (Versicherter) - 10.
______ insurance covers damages for which the insured is legally responsible.
Liability (Haftpflicht)
a) Deductible (Selbstbeteiligung)
b) Liability (Haftpflicht)
c) Reinsurance (Rückversicherung)