REVISION OF INSURANCE IN GROUPS OF THREE COMPETITION
Slide 4
Question 1
Slide 5
Third party, fire and theft and comprehensive Insurance are
examples of which type of Insurance A Life Assurance B Motor
Insurance C Home Insurance D Travel Insurance
Slide 6
Question 2
Slide 7
The value of a life assurance policy when it is turned into
cash is known as. A The no Claims bonus B The Premium C The
Surrender Value D The Cover Note
Slide 8
Question 3
Slide 9
When deciding to take out insurance, the first step is. A
Contact the Insurance company B Complete the Proposal form C
Contact the insurance agent/ broker D Calculate the value of the
item
Slide 10
Question 4
Slide 11
A person who works for themselves and sells insurance for a
number of different insurance companies is known as.. A An
Insurance Agent B An Insurance Broker C An Insurance Company D An
Insured Person
Slide 12
Question 5
Slide 13
The Fee paid for Insurance if the A Proposal Form B Insurance
Policy C Premium D Certificate of Insurance
Slide 14
Question 6
Slide 15
A type of life assurance where the policy can be cashed by the
insured person once they reach a certain age is A Endowment
Assurance B Temporary life (Term) Assurance C Comprehensive
Insurance D Health Insurance
Slide 16
Question 7
Slide 17
The Premium you pay for Motor Insurance will not depend on A
Full/ Provisional License B Any Previous Accidents C Gender D The
Cars engine size
Slide 18
Question 8
Slide 19
In Third party, fire and theft insurance, the car owner is A
The First Party B The Second Party C The Third Party
Slide 20
Question 9
Slide 21
If a person has no accidents during the year, the company will
reward the person by reducing their premium. This is known as a. A
Surrender value B proposal form C All risk policy D No claims
bonus
Slide 22
Question 10
Slide 23
Pay Related Social Insurance (PRSI) does not cover which of the
following.. A Taking a Holiday B Becoming Unemployed C Retirement D
unable to work because of illness
Slide 24
Question 11
Slide 25
Which of the following is not a type of Personal insurance? A
Health Insurance B PRSI insurance C Term Assurance D Personal
accident insurance
Slide 26
Question 12
Slide 27
An application form for insurance is called a A Proposal Form B
Renewal Notice C Cover Note D Insurance Policy
Slide 28
Question 13
Slide 29
A person who works for one insurance company and sells
insurance to members of the Public is called a A Insurance Broker B
Insurance Company C Insurer D Insurance Agent
Slide 30
Question 14
Slide 31
The Principal of Insurance that means you cannot make a profit
from insurance is A Insurable Interest B Contribution C Utmost Good
Faith D Indemnity
Slide 32
Question 15
Slide 33
The type of Business Insurance that covers the business in the
event that an employee steals from them is.. A Consequential loss
insurance B Burglary Insurance C Fidelity Guarantee insurance D
Employers Liability insurance
Slide 34
Question 16
Slide 35
The Insurance Principal that states that you must tell the
truth and reveal all material facts is A Insurable Interest B
Contribution C Utmost Good Faith D Indemnity
Slide 36
Answers
Slide 37
Question 1
Slide 38
Third party, fire and theft and comprehensive Insurance are
examples of which type of Insurance A Life Assurance B Motor
Insurance C Home Insurance D Travel Insurance
Slide 39
Third party, fire and theft and comprehensive Insurance are
examples of which type of Insurance A Life Assurance B Motor
Insurance C Home Insurance D Travel Insurance
Slide 40
Question 2
Slide 41
The value of a life assurance policy when it is turned into
cash is known as. A The no Claims bonus B The Premium C The
Surrender Value D The Cover Note
Slide 42
The value of a life assurance policy when it is turned into
cash is known as. A The no Claims bonus B The Premium C The
Surrender value D The Cover note
Slide 43
Question 3
Slide 44
When deciding to take out insurance, the first step is. A
Contact the Insurance company B Complete the Proposal form C
Contact the insurance agent/ broker D Calculate the value of the
item
Slide 45
When deciding to take out insurance, the first step is. A
Contact the Insurance company B Complete the Proposal form C
Contact the insurance agent/ broker D Calculate the value of the
item
Slide 46
Question 4
Slide 47
A person who works for themselves and sells insurance for a
number of different insurance companies is known as.. A An
Insurance Agent B An Insurance Broker C An Insurance Company D An
Insured Person
Slide 48
A person who works for themselves and sells insurance for a
number of different insurance companies is known as.. A An
Insurance Agent B An Insurance Broker C An Insurance Company D An
Insured Person
Slide 49
Question 5
Slide 50
The Fee paid for Insurance if the A Proposal Form B Insurance
Policy C Premium D Certificate of Insurance
Slide 51
The Fee paid for Insurance if the A Proposal Form B Insurance
Policy C Premium D Certificate of Insurance
Slide 52
Question 6
Slide 53
A type of life assurance where the policy can be cashed by the
insured person once they reach a certain age is A Endowment
Assurance B Temporary life (Term) Assurance C Comprehensive
Insurance D Health Insurance
Slide 54
A type of life assurance where the policy can be cashed by the
insured person once they reach a certain age is A Endowment
Assurance B Temporary life (Term) Assurance C Comprehensive
Insurance D Health Insurance
Slide 55
Question 7
Slide 56
The Premium you pay for Motor Insurance will not depend on A
Full/ Provisional License B Any Previous Accidents C Gender D The
Cars engine size
Slide 57
The Premium you pay for Motor Insurance will not depend on A
Full/ Provisional License B Any Previous Accidents C Gender D The
Cars engine size
Slide 58
Question 8
Slide 59
In Third party, fire and theft insurance, the car owner is A
The First Party B The Second Party C The Third Party
Slide 60
In Third party, fire and theft insurance, the car owner is A
The First Party B The Second Party C The Third Party
Slide 61
Question 9
Slide 62
If a person has no accidents during the year, the company will
reward the person by reducing their premium. This is known as a. A
Surrender value B proposal form C All risk policy D No claims
bonus
Slide 63
If a person has no accidents during the year, the company will
reward the person by reducing their premium. This is known as a. A
Surrender value B proposal form C All risk policy D No claims
bonus
Slide 64
Question 10
Slide 65
Pay Related Social Insurance (PRSI) does not cover which of the
following.. A Taking a Holiday B Becoming Unemployed C Retirement D
unable to work because of illness
Slide 66
Pay Related Social Insurance (PRSI) does not cover which of the
following.. A Taking a Holiday B Becoming Unemployed C Retirement D
unable to work because of illness
Slide 67
Question 11
Slide 68
Which of the following is not a type of Personal insurance? A
Health Insurance B PRSI insurance C Term Assurance D Personal
accident insurance
Slide 69
Which of the following is not a type of Personal insurance? A
Health Insurance B PRSI insurance C Term Assurance D Personal
accident insurance
Slide 70
Question 12
Slide 71
An application form for insurance is called a A Proposal Form B
Renewal Notice C Cover Note D Insurance Policy
Slide 72
An application form for insurance is called a A Proposal Form B
Renewal Notice C Cover Note D Insurance Policy
Slide 73
Question 13
Slide 74
A person who works for one insurance company and sells
insurance to members of the Public is called a A Insurance Broker B
Insurance Company C Insurer D Insurance Agent
Slide 75
A person who works for one insurance company and sells
insurance to members of the Public is called a A Insurance Broker B
Insurance Company C Insurer D Insurance Agent
Slide 76
Question 14
Slide 77
The Principal of Insurance that means you cannot make a profit
from insurance is A Insurable Interest B Contribution C Utmost Good
Faith D Indemnity
Slide 78
The Principal of Insurance that means you cannot make a profit
from insurance is A Insurable Interest B Contribution C Utmost Good
Faith D Indemnity
Slide 79
Question 15
Slide 80
The type of Business Insurance that covers the business in the
event that an employee steals from them is.. A Consequential loss
insurance B Burglary Insurance C Fidelity Guarantee insurance D
Employers Liability insurance
Slide 81
The type of Business Insurance that covers the business in the
event that an employee steals from them is.. A Consequential loss
insurance B Burglary Insurance C Fidelity Guarantee insurance D
Employers Liability insurance
Slide 82
Question 16
Slide 83
The Insurance Principal that states that you must tell the
truth and reveal all material facts is A Insurable Interest B
Contribution C Utmost Good Faith D Indemnity
Slide 84
The Insurance Principal that states that you must tell the
truth and reveal all material facts is A Insurable Interest B
Contribution C Utmost Good Faith D Indemnity
