Insurance
Quiz
•
Business
•
KG - 12th Grade
•
Practice Problem
•
Medium
Róisín Ní Dhonnagáin
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When applying for insurance you must fill out a ...
Claim Form
Proposal Form
Application Form
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are “Principles of Insurance”. Select as many as you think are correct.
Indemnity
Intimidation
Subrogation
Alliteration
Insurable Interest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Utmost Good Faith means..
That you must tell half of the truth when applying for insurance.
That you must be honest about all material facts when applying for insurance.
Make up all of the material facts on your application form.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A “No Claims Bonus” is an example of a
Loading
Discount
Principle of Insurance
Type of insurance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loading is ...
Added to the insurance premium because of extra risk.
A discount
Because you are a bad driver.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An endowment policy
Can only be drawn down when the company goes bankrupt.
Can be drawn down at a specific date or upon death.
Can be drawn down whenever the insured feels like it.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Car insurance is NOT compulsory in Ireland
True
False
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