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Insurance

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

Payment made for an insurance policy is termed

a)

Cash

b)

Shares

c)

premium

d)

Assurance

2.

Which of the following can not be insured agaist?

a)

fire

b)

mismanagement of fund

c)

buglary

d)

marine

3.

Which of the following insurance policy covers human beings and not properties?

a)

fire insurance

b)

marine insurance

c)

life assurance

d)

buglary insurance

4.

An insurance company can be called?

a)

insured

b)

insurer

c)

customer

d)

supplier

5.

A person who is insured by an insurance company is called?

a)

insured

b)

insurer

c)

businessman

d)

broker

6.

An agreement between the insurance company and its customer can be found in?

a)

cover note

b)

proposal

c)

insurance policy

d)

premium

7.

When an insurance company re-insure some risks with other insurance company is called?

a)

proposal

b)

under writting

c)

guarantee

d)

re-insurance

8.

insurance is good for business men and women

a)

yes

b)

no

c)

maybe

d)

i dont know

9.

the type of insurance policy that covers against motor vehicle is called?

a)

marine insurance

b)

aviation insurance

c)

lorry insurance

d)

motor vehicle insurance