MATHEMATICS FORM 5 CHP 3 QUIZ

Nini has a primary medical insurance policy with a deductible provision of

RM500 and a co-insurance percentage participation clause of 75/25 in her

policy.
Calculate the payment, in RM borne by Nini herself if the medical costs

coverred by her policy amount is RM36 000.

• RM 8875

• RM 9375

• RM 26500

• RM 26625

An insurance company pays compensation for the motor insurance claim of an

insurance policyholder. The claim contained third-party car damage and a car

fire suffered by the policyholder. State the motor insurance policy that may

have been purchased by the policyholder. (Choose two or above)

• Third party, fire and theft policies

• Third party policies

• Comprehensive Policies

• Act policies

Anne bought several insurance policies to protect her properties. She is

thinking that she can profit from her general insurance policies if she suffers a

loss. Is this true ?

• Yes, Anne can profit from her general insurance policies. In the event of

  loss or damage, she can claim compensation from the different

  insurances that she has bought.

• Yes, Anne can profit from her general insurance policies. When she

  suffers a loss, all the insurance companies will compensate her according

  to her insurance coverage.

• No, Anne cannot profit from her general insurance policies. In the event

  of loss or damage, she only can make one claim. The payable amount is

  given by the insurance company.

• No, Anne cannot profit from her general insurance policies. When she

  makes a claim, the amount payable will be divided equally among the

  different policies that she bought.

Table 22 shows the losses suffered by Puan Amira within a year.
If her insurance policy has a deductible of RM500, calculate the total compensation

payment received by Puan Amira.

• RM 3250

• RM 3300

• RM 2750

• RM 3750

The basic premium of the comprehensive policy for Lisa’s car is RM 2 370.10. She is

entitled to NCD of 55%. If she buys the third party, fire and theft policy, how much is

the gross premium?

• RM 1777.58

• RM 1667.23

• RM 899.19

• RM 799.91

The insurable value of Zaleha's house is RM350 000. The insurance policy she wants to buy has a co-

insurance provision to insure 80% of the insurable value with a deductible of RM10 000. She insures

her house for only RM250 000 but her house burns with total loss. Calculate the loss borne by Zaleha.

• RM 90000

• RM 110000

• RM 240000

• RM 260000

Mrs Yati buys a medical insurance policy with a deductible provision of RM500 and co-insurance

percentage participation of 75/25 in her policy. Calculate the total medical cost if the medical cost borne by

Mrs Yati herself is RM6 550

• RM 17220

• RM 17720

• RM 24700

• RM 26700

What is meant by risk?

• Possibility to loss

• Liability

• The selection of company to insure the policy holder

• The chance to win an Iphone 16 Pro Max

Kevin wants to buy life insurance with a face value of RM 150000. The annual premium rate for every RM 1000 face value offered to Kevin is RM 2.12. How much monthly premium does Kevin needs to pay?

• RM 26.50

• RM 73.58

• RM 150.00

• RM 318.00

Are you ready to learn a new chapter?

• YES!!!!!!

• NO, IM STILL CONFUSING FOR PREVIOUS CHAPTER