Team 1
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Team 2
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Teams
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Score
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15
×
The policy only covers damage from __________, such as fire, theft, and windstorm, as specified in the contract.
Named Perils
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Check
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Check
15
×
__________ ensures that policies are adequately priced and aligned with the level of risk presented by the insured party.
Underwriting
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Check
15
×
__________ helps insurance companies manage risks related to large-scale disasters by sharing the financial burden with other insurers.
Reinsurance
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Okay!
Check
15
×
The driver was covered under __________, which paid for damages to the other car involved in the collision.
Third-Party Liability
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Okay!
Check
15
×
The homeowner reached the maximum __________ for flood damage after a severe storm hit the area.
Coverage Limit
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Okay!
Check
15
×
The __________ clause allows the insurance company to pursue legal action against the party responsible for the loss.
Subrogation
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Okay!
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15
×
Before the insurance company pays out for damages, the __________ must be met by the policyholder.
deductible
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15
×
In cases of partial damage, the insurance company may decide to __________ items that still have some value.
Salvage
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15
×
After the fire, the __________ visited the property to determine the extent of the damage and estimate the compensation amount.
Loss Adjuster
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15
×
The insurer initiated a __________ to verify the accuracy of the details provided in the claim.
Claim Investigation
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Okay!
Check
×
seesaw
Swap points!
Oops!
×
fairy
Take points!
5
10
15
20
25
×
rocket
Go to first place!
Okay!
×
baam
Lose 25 points!
Oops!
15
×
Because of the client’s recent home renovations, there was a __________ to reflect the increased value of the property.
Premium Adjustment
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Check
Okay!
Check
15
×
The company requested an __________ of the building's value before renewing the insurance policy.
Appraisal
Oops!
Check
Okay!
Check
×
seesaw
Swap points!
Oops!
×
rocket
Go to first place!
Okay!
×
rocket
Go to first place!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
The policyholder filed a __________ after their home was damaged by a severe storm.
claim
Oops!
Check
Okay!
Check
×
heart
Other team wins 15 points!
Oops!
×
seesaw
Swap points!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 20 points!
Oops!
×
Restart
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