WorksheetsClasses of Insurance
Total questions: 10
Worksheet time: 6mins
Insurance classes can be divided to Life Insurance and ___________
Health Insurance
General Insurance
Motor Insurance
Aviation Insurance
Which of the following is NOT the basic types of Life Insurance
Term Insurance
Whole Life Insurance
Health Insurance
Endowment Insurance
Motor insurance is a ______________insurance according to RTA 1987
risky
optional
compulsory
unpredictable
Act only cover provides the minimum cover required by law and only cover for
TPBI
TPPD
Death
Accident
Comprehensive coverage of Motor Insurance also known as___________
Third party, Fire and Theft Insurance
Second Party Insurance
Act Only Insurance
First Party insurance
Fire insurance NOT cover perils of ____________
Fire
Lightning
Explosion
Accident
Standard Fire Insurance cover loss or damage by explosion of gas used for (a) purpose.
Which of the following is the subject matter of fire insurance?
Building
Life insurance
Liability
Loss of profit
(a) insurance cover damage to ship or vessel.
Total loss in Maritime losses are considered as Actual Total Losses and __________Total Loss.
partial
expenses
salvage
constructive
