What U.S. president signed the Affordable Care Act into law?
Answer
Barack Obama
79 Insurance Trivia Questions with Answers
79 public questions with answers, drawn from the well. How many can you answer?
What is the term for a payment made by an insurer without legal obligation as a gesture of goodwill?
Answer
Ex gratia payment
What is the name of the international insurance supervisory body?
Answer
International Association of Insurance Supervisors (IAIS)
Which U.S. state was the first to mandate automobile liability insurance?
Answer
Massachusetts
What does 'AD&D' stand for in insurance?
Answer
Accidental Death and Dismemberment
Which insurance company uses a gecko as its mascot?
Answer
Geico
What type of auto insurance covers damage from events like theft or vandalism?
Answer
Comprehensive insurance
Which U.S. Supreme Court case in 1944 ruled that insurance is interstate commerce?
Answer
United States v. South-Eastern Underwriters Association
What legal principle requires full disclosure of all material facts by the insured?
Answer
utmost good faith
What type of insurance covers professionals against malpractice lawsuits?
Answer
professional liability insurance
What does 'NAIC' stand for in U.S. insurance regulation?
Answer
National Association of Insurance Commissioners
What is the term for the process of evaluating risk to set insurance premiums?
Answer
underwriting
What does 'HMO' stand for in health insurance?
Answer
Health Maintenance Organization
What is the name of the insurance marketplace in London known for its syndicates?
Answer
Lloyd's of London
Which insurance company uses the slogan 'You're in good hands'?
Answer
Allstate
What type of insurance pays your beneficiaries when you die?
Answer
life insurance