
IF1 Chapter 8
Quiz
•
Specialty
•
Professional Development
•
Hard
Deandra Strachan
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. Insurance cover for pedal cycles:
is for theft only
is for accidental loss or damage.
is for third party damage or injury only.
includes mopeds with a CC of 25 or under.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. The Hijacking and Mugging extension to a travel policy includes cover for:
inpatient treatment.
loss of passport.
damage to personal effects.
a daily cash benefit.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. In relation to household insurances, 'New for old' is another name for what type of cover?
Indemnity.
all risks
comprehensive
reinstatement
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
4. In respect of a household buildings policy, full accidental damage cover is generally:
not available.
only available if the policyholder also has contents cover on the same policy
available as an optional extension.
included as standard.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5 million
20 million
10 million
1 million
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Third Party, Fire and Theft.
Comprehensive.
Road Traffic Act
Third Party Only
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
7. Why are very few road traffic act only policies sold today by insurers?
Third party policies now cost less than road traffic act only policies.
Only drivers under 23 years of age are eligible for road traffic act only policies.
The difference in cover between road traffic act policies and third party policies is marginal.
New legislation has meant that, in many cases, the cover under a road traffic act policy is insufficient.
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