Team 1
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Team 2
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Teams
Name
Score
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15
×
Before the insurance company pays out for damages, the __________ must be met by the policyholder.
deductible
Oops!
Check
Okay!
Check
15
×
The insurer initiated a __________ to verify the accuracy of the details provided in the claim.
Claim Investigation
Oops!
Check
Okay!
Check
15
×
Because of the client’s recent home renovations, there was a __________ to reflect the increased value of the property.
Premium Adjustment
Oops!
Check
Okay!
Check
15
×
The __________ clause allows the insurance company to pursue legal action against the party responsible for the loss.
Subrogation
Oops!
Check
Okay!
Check
×
lifesaver
Give 5 points!
Oops!
×
shark
Other team loses 25 points!
Okay!
×
shark
Other team loses 25 points!
Okay!
×
banana
Go to last place!
Oops!
15
×
The company requested an __________ of the building's value before renewing the insurance policy.
Appraisal
Oops!
Check
Okay!
Check
15
×
The driver was covered under __________, which paid for damages to the other car involved in the collision.
Third-Party Liability
Oops!
Check
Okay!
Check
×
trap
No points!
Oops!
×
fairy
Take points!
5
10
15
20
25
×
rocket
Go to first place!
Okay!
×
banana
Go to last place!
Oops!
×
boom
Lose 50 points!
Oops!
×
seesaw
Swap points!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 10 points!
Oops!
×
baam
Lose 25 points!
Oops!
×
star
Double points!
Okay!
×
shark
Other team loses 15 points!
Okay!
×
banana
Go to last place!
Oops!
15
×
In cases of partial damage, the insurance company may decide to __________ items that still have some value.
Salvage
Oops!
Check
Okay!
Check
15
×
After the fire, the __________ visited the property to determine the extent of the damage and estimate the compensation amount.
Loss Adjuster
Oops!
Check
Okay!
Check
15
×
The homeowner had to pay some repair expenses __________ before the insurance company covered the remaining costs.
out of pocket
Oops!
Check
Okay!
Check
15
×
Before issuing a policy, the insurer performs a __________ to evaluate the potential hazards and set an appropriate premium.
Risk Assessment
Oops!
Check
Okay!
Check
15
×
The policyholder filed a __________ after their home was damaged by a severe storm.
claim
Oops!
Check
Okay!
Check
15
×
__________ ensures that policies are adequately priced and aligned with the level of risk presented by the insured party.
Underwriting
Oops!
Check
Okay!
Check
×
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