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Business English Exercises
 

Insurance Policy Vocabulary

Answers to test questions and links to explanations

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 All tests  Quiz  FAQ  ESL Forum  Dictionaries 'insurance policy' vs 'insurance agreement'
insurance policy vocabulary answer 1
I took out a life insurance policy with State Ranch Insurance Company last week.

Correct answer: (b) policy

Meaning of business term policy
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insurance policy vocabulary, question 1 insurance policy vocabulary, english tefl, what does policy mean? what is the definition for policy?

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insurance policy vocabulary answer 2
My insurance premiums are only $70 per month.

Correct answer: (c) premiums

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insurance policy vocabulary answer 3
In the event of my death, the beneficiary will be my widow.

Correct answer: (d) beneficiary

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insurance policy vocabulary answer 4
My insurance does not cover me if I commit suicide.

Correct answer: (b) cover

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 need help on sat reading comprehension Meaning of actuary
insurance policy vocabulary answer 5
The amount of money that my wife will get has already been calculated by State Ranch's actuary.

Correct answer: (c) actuary

Meaning of business term actuary
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insurance policy vocabulary answer 6
If I decide that I no longer need my insurance, I can cash it in for the amount of its return value.

Correct answer: (d) return

Meaning of business term return
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insurance policy vocabulary answer 7
Before I got the insurance, I had to receive a complete physical examination.

Correct answer: (d) examination

Meaning of business term examination
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insurance policy vocabulary answer 8
I am feeling great, because the doctor told me that I have a life expectancy of 82 years!

Correct answer: (c) expectancy

Meaning of business term expectancy
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insurance policy vocabulary answer 9
Even if I am late in paying, the insurance remains in effect for a grace period of 30 days.

Correct answer: (a) grace

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insurance policy vocabulary answer 10
The insurance is pretty expensive though: I am a policeman, so there are a lot of occupational hazards.

Correct answer: (c) hazards

Meaning of business term hazards
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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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