
Protecting the things that Matter
Authored by Albert Ali
Education
Professional Development
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
........ refers to benefits which can either be inclusive, additional or optional
Reinstatement
Exclusions
Eligibility
Total Cover
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
....... refers to who can be covered under your policy and for how much
Eligibility
Waiting Period
Lapses
Other Considerations
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
....... refers to the amount of time an insured person(s) must wait while paying premium before a claim will be covered.
Lapses
Waiting Period
Total Cover
Reinstatement
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When you are no longer covered because of missed premiums, your policy is said to have ........
Lapsed
Reinstated
Exclusions
Other Consideration
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
.... refers to conditions under which claims will not be paid
Exclusions
Eligibility
Waiting Period
Lapses
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
If your policy has lapsed, what must you do to reactivate your policy?
Reinstatement
The Claims Process
Exclusions
Total Cover
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Under-Insuring will result in ..... during a claim
Application of Rule of Average
Application of Excess
Application of No-Claim Bonus
Application of Ex-gratia payment
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