WorksheetsTOPIC 5 NATURE OF INSURANCE DOCUMENT
Total questions: 7
Worksheet time: 14mins
The function of proposal form
insured need to disclose who are their close friend
ask the insured about their personal details
receipt of premium payment
an offer about the life policy
What is cover note ?
A document issued in advance of the policy because it may take some time before the policy is issued.
A document that explained everything about perils
A document that insured should have before apply the insurance policy
A document that belong to insurer
Please choose a right elements to be include in scheduled policy
The preamble and operative clause
current clause
heading
exclusion
none above
Based on your understanding, what is endorsement? (used your own sentence)
A renewal notice is a reminder from the insurer to the insured and it is considered as a continuance of the existing contract?
Yes
No
What document will be used after the settlement of claim?
Claim form
Discharge note
Satisfaction note
Policy form
The insured must be alert to the condition stated in an insurance policy. What types of conditions?
precedent and early condition
impress condition
express and the implied condition
upward and inward condition
