What to create	Quiz
Which subject	Business
What age group	Doesn't matter
What topic	保險
Question types	Close-ended
Number of questions	5
Number of answers	4
Correct answers	Exactly 1
Show correct answers
Use images (descriptions)
Any other preferences

Business Quiz: 保險 (Insurance)

Test your knowledge of insurance concepts with the following questions. Choose the best answer for each question.

1. What is the primary purpose of insurance? A. To generate profits for insurers
   B. To provide financial protection against risks
   C. To impose financial penalties on policyholders
   D. To eliminate all types of risks

2. Which of the following is NOT a type of insurance? A. Life Insurance
   B. Property Insurance
   C. Investment Insurance
   D. Health Insurance

3. What does a deductible in an insurance policy refer to? A. The total amount covered by the insurance
   B. The cost of the premium paid by the policyholder
   C. The amount the insured must pay out of pocket before coverage kicks in
   D. The age at which coverage terminates

4. In insurance terminology, what does "premium" mean? A. The total value of the insurance policy
   B. The fee paid by the policyholder for coverage
   C. The amount reimbursed for a claim
   D. The duration of the insurance coverage

5. What is the significance of underwriting in the insurance industry? A. It determines the amount policyholders will receive on claims
   B. It assesses risk and determines policy terms and pricing
   C. It manages customer service and relations
   D. It handles investment portfolios for the insurance company

---

Answers Key

1. B
2. C
3. C
4. B
5. B

Make sure to cross-check your answers and review the concepts behind each question for a greater understanding of insurance in the business domain!