Insurance and entrepreneur

Cargo insurance is a division of___________ insurance

• Marine

• Life

• Burglary

• Assurance

----- is the money paid regularly to those who no longer work for length of years of service.

• Pension

• Compensation

• Premium

• Indemnity

One of the following is the reason for taking an insurance cover.

• Tó pay children

• To receive compensation for a loss suffered

• To avoid loss of life and properties

• To increase production of goods and services

....... is a financial provision made to protect individuals or businesses from losses which might occur from fire, accidents and burglary

• Advertising

• Warehousing

• Banking

• Insurance

The ..... is a person or organisation that wants their property protected

• Assured

• Insured

• Policy

• Assurer

The ___ is an amount paid regularly to maintain an insurance contract.

• Policy

• Premium

• Insured

• Assured

A written agreement between the insurance company and its client is called the

• Policy

• Premium

• Assurance

• Insured

The insurance company that provides protection or cover is known as the

• Insured

• Assured

• Insurer

• Premium

____ is a contract which helps to provide for the future of a person or their relatives

• Life assurance

• Future assurance

• Future insurance

• National insurance

Loss of profit through gambling, war or mismanagement are classified as ____ risks

• Insurable

• Explosive

• Tender

• Non-insurable