10 PDHPE - Insurance

Which type of insurance covers repairs to your car and others, even if the accident is your fault?

• Compulsory third party insurance

• Third party property insurance

• Comprehensive insurance

• Third party property, fire and theft insurance

What does 'agreed value' mean in car insurance?

• A fixed amount decided by you and your insurer

• The market value of the car at the time of the accident

• The amount you pay each year for insurance

• The amount you agree to contribute towards the cost of a claim

What is a 'no claim bonus'?

• A bonus for making multiple claims

• A lower premium for not making a claim for a certain period

• A discount for bundling different types of insurance

• A bonus for choosing comprehensive insurance

What should you check in your policy to see what you're not covered for?

• No claim bonus

• Premium

• Excess

• Exclusions

What is the term for the amount you pay each year for insurance?

• Excess

• Premium

• Agreed value

• Market value

Which type of insurance might suit you if you park on the street and want to save money if your car gets stolen?

• Third party property insurance

• Comprehensive insurance

• Third party property, fire and theft insurance

• Compulsory third party insurance

What is the excess in car insurance?

• The market value of the car at the time of the accident

• A fixed amount decided by you and your insurer

• The amount you agree to contribute towards the cost of a claim

• The amount you pay each year for insurance

What should you do to ensure you're getting the best deal on car insurance?

• Get quotes from a few other insurers

• Stick with your current insurer

• Always choose the lowest premium

• Only use comparison websites

What is one way to potentially lower your premium?

• Increase your agreed value

• Decrease your excess

• Increase your excess

• Choose a higher market value

Which of the following services is only covered by private health insurance?

• GP visits

• Admission to a public hospital

• Bulk billing

• Physiotherapy