Insurance Form 5

Below is example of risk except:

• Car Accident

• Theft

• Drinking

• Injuries at school

Which one of the following is not an element of risk?

• Danger

• Loss

• Predictable

• Injury

Amount of money payable by policyholder to the insurance company.

• Compensation

• Premium

• Penalty

• Payment

Compensation will pay not exceeding the loss incurred, subject to sum insured.

• Principle of Indemnity

• Principal of Agreement

• Insurance Contract

• Insurance Coverage

Choose two main type of insurance.

• Health Insurance

• Life Insurance

• Motor Insurance

• General Insurance

Tick the risk covered by life insurance.

You may tick more than one.

• Death

• Loss of ability

• Critical Illness

• Hospitalisation

All of the following are types of general insurance except:

• Fire Insurance

• Motor Insurance

• Travel Insurance

• Accident Insurance

Provides coverage against damage caused by fire, lightning and explosion that occur at home or business premise.

• Fire Insurance

• Explosion Insurance

• Motor Insurance

• All Risk Insurance

Provides coverage in the occurrence that the policyholder suffers a bodily injury, disability or death resulting directly from accident.

• Personal Accident Insurance

• Motor Insurance

• Medical & Health Insurance

• Bodily Injury Insurance

Types of motor insurance are:

(you may tick more than one).

• Third Party

• Third Party, fire & theft

• Act

• Comprehensive