Topic 7 What insurance do I need?

You are new young driver. You have an old car. What type of insurance do you have to have as a legal minimum?

• Third party car insurance
• Third party, fire and theft car insurance
• Comprehensive car insurance

Your family has bought a pedigree dog, it is only 3 months old. They live to about 15 years old. Which type of insurance do you recommend?

• Pet insurance
• Travel insurance
• Health insurance
• Caravan insurance

You are a working family bread winner. Which insurance would you recommend to protect your family in the event of your death?

• Life assurance
• Private health insurance
• Travel insurance
• Car insurance
• Inheritance tax

You have just bought a brand new car for £20,000, what sort of insurance do you recommend?

• Comprehensive car insurance
• Health insurance
• Travel insurance
• House insurance

You are a homeowner. House insurance is:

• Voluntary
• Compulsory

You are travelling abroad with your family. Which type of insurance should you have?

• Travel insurance
• Health insurance
• Car insurance
• Mobile phone insurance

You are the breadwinner. You are worried that if you fell ill that your sick pay would not maintain your lifestyle. Which type of insurance should you consider?

• Income protection
• Travel insurance
• Car insurance
• Pet insurance

Which is the compulsory, minimum insurance you must have for your car?

• Third party
• Third party, fire and theft
• Comprehensive
• Voluntary

If you are a low risk customer, the insurance company will offer you, which type of premium?

• Low cost
• High cost

How do insurance companies decide which premium to charge?

• They consider all the facts and information you provide and the level of risk
• Just your age
• Just any previous claims
• Any material facts