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Business Terms: Insurance Vocabulary

answer key:
1. C
2. B
3. A
4. C
5. E
6. B
7. A
8. D
9. C
10. E
Bonus Questions Worker's compensation or Worker's Comp: insurance coverage for injuries illnesses incurred on the job
Pension:is a retirement plan intended to provide a person with a stable income for life (Insurance companies often market pension plans to their clients)
Claim: right to money or compensation for damages to a covered object or person under an insurance policy.

Go back to the Insurance Vocabulary