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WorksheetsInsurance
Total questions: 20
Worksheet time: 12mins
the type of insurance policy that covers against motor vehicle is called?
marine insurance
aviation insurance
lorry insurance
motor vehicle insurance
insurance is good for business men and women
yes
no
maybe
i dont know
An agreement between the insurance company and its customer can be found in?
cover note
proposal
insurance policy
premium
A person who is insured by an insurance company is called?
insured
insurer
businessman
broker
An insurance company can be called?
insured
insurer
customer
supplier
Which of the following insurance policy covers human beings and not properties?
fire insurance
marine insurance
life assurance
buglary insurance
Which of the following can not be insured agaist?
fire
mismanagement of fund
buglary
marine
A policy is a contract between the
Policyholder and the injured person
Driver and the government
Consumer and the insurance company
Consumer and the insurance agent
Which of the following is a key principle of insurance that ensures the insured receives fair compensation for their loss?
Principle of Indemnity
Principle of Subrogation
Principle of Utmost Good Faith
Principle of Insurable Interest
An insurance contract in which the insurer agrees to compensate the insured in the event of a covered loss is called a:
Premium
Policy
Assurance
Deductible
The person or entity whose life or property is covered by an insurance policy is known as the:
Insured
Beneficiary
Assured
Underwriter
An insured is _______
Insurance Company
Individual entity having insurance policy
Subrogation
Indemnity means
Composition
Complementary
Comprehensive
Compensation
