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10 PDHPE - Insurance

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

Which type of insurance covers repairs to your car and others, even if the accident is your fault?

a)

Compulsory third party insurance

b)

Third party property insurance

c)

Comprehensive insurance

d)

Third party property, fire and theft insurance

2.

What does 'agreed value' mean in car insurance?

a)

A fixed amount decided by you and your insurer

b)

The market value of the car at the time of the accident

c)

The amount you pay each year for insurance

d)

The amount you agree to contribute towards the cost of a claim

3.

What is a 'no claim bonus'?

a)

A bonus for making multiple claims

b)

A lower premium for not making a claim for a certain period

c)

A discount for bundling different types of insurance

d)

A bonus for choosing comprehensive insurance

4.

What should you check in your policy to see what you're not covered for?

a)

No claim bonus

b)

Premium

c)

Excess

d)

Exclusions

5.

What is the term for the amount you pay each year for insurance?

a)

Excess

b)

Premium

c)

Agreed value

d)

Market value

6.

Which type of insurance might suit you if you park on the street and want to save money if your car gets stolen?

a)

Third party property insurance

b)

Comprehensive insurance

c)

Third party property, fire and theft insurance

d)

Compulsory third party insurance

7.

What is the excess in car insurance?

a)

The market value of the car at the time of the accident

b)

A fixed amount decided by you and your insurer

c)

The amount you agree to contribute towards the cost of a claim

d)

The amount you pay each year for insurance

8.

What should you do to ensure you're getting the best deal on car insurance?

a)

Get quotes from a few other insurers

b)

Stick with your current insurer

c)

Always choose the lowest premium

d)

Only use comparison websites

9.

What is one way to potentially lower your premium?

a)

Increase your agreed value

b)

Decrease your excess

c)

Increase your excess

d)

Choose a higher market value

10.

Which of the following services is only covered by private health insurance?

a)

GP visits

b)

Admission to a public hospital

c)

Bulk billing

d)

Physiotherapy

11.

Which of the following is NOT a benefit of having private health insurance?

a)

More health cover and choice

b)

Reduced cost of medicines from the chemist

c)

Pay less tax

d)

Getting a private health insurance rebate

12.

To be eligible for Lifetme Health Cover you need to take out hospital cover before you turn​ (a)   years old

Choose from the below words
31
18
21
55