Quiz #1 Types of insurance

The type of insurance that can

combine buildings,

manufacturing, and stock protection if

incase of an accident is

(a)  

The type of insurance that involves the protection or

guarding of money and other valuables, securities and

other financial instruments, while it is being collected,

transported or delivered is known as

(a)  

The type of insurance that provides coverage for the entire lifetime of the

insured individual, as long as the premiums are paid is referred to as

(a)  

Term policies that pay the sum assured if the insured dies within the term or pay the sum assured at the end of the term if he survives is known as

(a)  

The type of policy that may

help cover your costs if you

unexpectedly need to cancel

your event or if you're found

responsible for property damage

or an injury caused during your

event is referred to as

(a)  

Which of the following types of insurance helps to cover for losses, damages, theft etc. to the owner of whom which the cargo belongs to?

• hull insurance

• cargo insurance

• Freight insurance

• Ship owners' liability

• A contract by which the insurer assumes the risk of any loss the owner or operator of a car may incur through damage to property or persons as the result of an accident is known as

(a)