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Sample GEN 1BSample GEN 1B
QuestionsQuestions
Standard cover under a theft policy will indemnify a shop Standard cover under a theft policy will indemnify a shop owner in respect of theft losses resulting from:owner in respect of theft losses resulting from:
A A a break-ina break-in
B B a key being left on the premisesa key being left on the premises
C C pilfering by employeespilfering by employees
D D shopliftingshoplifting
Sample QuestionSample Question
Standard cover under a theft policy will indemnify a shop Standard cover under a theft policy will indemnify a shop owner in respect of theft losses resulting from:owner in respect of theft losses resulting from:
A A a break-ina break-in
B B a key being left on the premisesa key being left on the premises
C C pilfering by employeespilfering by employees
D D shopliftingshoplifting
ANSWER :ANSWER : A A
AnswerAnswer
Which policy can normally be extended to cover libel and Which policy can normally be extended to cover libel and slander?slander?
AA Employers’ liabilityEmployers’ liability
BB Products liabilityProducts liability
CC Professional indemnityProfessional indemnity
DD Public liabilityPublic liability
Sample QuestionSample Question
Which policy can normally be extended to cover libel and Which policy can normally be extended to cover libel and slander?slander?
AA Employers’ liabilityEmployers’ liability
BB Products liabilityProducts liability
CC Professional indemnityProfessional indemnity
DD Public liabilityPublic liability
ANSWER :ANSWER : C C
AnswerAnswer
If an insurer operates a legal costs service in association with If an insurer operates a legal costs service in association with household insurance policies, to whom is legal advice provided?household insurance policies, to whom is legal advice provided?
AA Loss adjustersLoss adjusters
BB PolicyholdersPolicyholders
CC Policyholders’ brokersPolicyholders’ brokers
DD Third partyThird party
Sample QuestionSample Question
If an insurer operates a legal costs service in association with If an insurer operates a legal costs service in association with household insurance policies, to whom is legal advice provided?household insurance policies, to whom is legal advice provided?
AA Loss adjustersLoss adjusters
BB PolicyholdersPolicyholders
CC Policyholders’ brokersPolicyholders’ brokers
DD Third partyThird party
ANSWER :ANSWER : B B
AnswerAnswer
The primary reason that an underwriter needs to be aware of The primary reason that an underwriter needs to be aware of material facts is because this information enables him to:material facts is because this information enables him to:
AA analyse the frequency and severity of the riskanalyse the frequency and severity of the risk
BB arrange suitable reinsurancearrange suitable reinsurance
CC establish the most suitable policy for the proposerestablish the most suitable policy for the proposer
DD rate the riskrate the risk
Sample QuestionSample Question
The primary reason that an underwriter needs to be aware of The primary reason that an underwriter needs to be aware of material facts is because this information enables him to:material facts is because this information enables him to:
AA analyse the frequency and severity of the riskanalyse the frequency and severity of the risk
BB arrange suitable reinsurancearrange suitable reinsurance
CC establish the most suitable policy for the proposerestablish the most suitable policy for the proposer
DD rate the riskrate the risk
ANSWER :ANSWER : D D
AnswerAnswer
George has a personal accident policy which provides a benefit of George has a personal accident policy which provides a benefit of €100 per week. A 14 day excess applies. George breaks his leg €100 per week. A 14 day excess applies. George breaks his leg and cannot work for 5 weeks. How much, if anything can he claim?and cannot work for 5 weeks. How much, if anything can he claim?
AA NilNil
BB €200€200
CC €300€300
DD €500€500
Sample QuestionSample Question
George has a personal accident policy which provides a benefit of George has a personal accident policy which provides a benefit of €100 per week. A 14 day excess applies. George breaks his leg €100 per week. A 14 day excess applies. George breaks his leg and cannot work for 5 weeks. How much, if anything can he claim?and cannot work for 5 weeks. How much, if anything can he claim?
AA NilNil
BB €200€200
CC €300€300
DD €500€500
ANSWER :ANSWER : C C
AnswerAnswer
There are standard compulsory excesses under a comprehensive There are standard compulsory excesses under a comprehensive private motor insurance policy. What determines the level of the private motor insurance policy. What determines the level of the excess?excess?
AA The type of vehicleThe type of vehicle
BB The age and experience of the driverThe age and experience of the driver
CC The area of useThe area of use
DD The use to which the vehicle is putThe use to which the vehicle is put
Sample QuestionSample Question
There are standard compulsory excesses under a comprehensive There are standard compulsory excesses under a comprehensive private motor insurance policy. What determines the level of the private motor insurance policy. What determines the level of the excess?excess?
AA The type of vehicleThe type of vehicle
BB The age and experience of the driverThe age and experience of the driver
CC The area of useThe area of use
DD The use to which the vehicle is putThe use to which the vehicle is put
ANSWER :ANSWER : B B
AnswerAnswer
Which part of an insurance policy incorporates the proposal form into Which part of an insurance policy incorporates the proposal form into the policy?the policy?
AA Standard conditionsStandard conditions
BB Operative clauseOperative clause
CC Policy schedulePolicy schedule
DD Recital clauseRecital clause
Sample QuestionSample Question
Which part of an insurance policy incorporates the proposal form into Which part of an insurance policy incorporates the proposal form into the policy?the policy?
AA Standard conditionsStandard conditions
BB Operative clauseOperative clause
CC Policy schedulePolicy schedule
DD Recital clauseRecital clause
ANSWER :ANSWER : D D
AnswerAnswer
In the context of risk management, what are the two main categories In the context of risk management, what are the two main categories of risk control?of risk control?
AA Physical and MoralPhysical and Moral
BB Physical and FinancialPhysical and Financial
CC Financial and MoralFinancial and Moral
D Pre- and Post-lossD Pre- and Post-loss
Sample QuestionSample Question
In the context of risk management, what are the two main categories In the context of risk management, what are the two main categories of risk control?of risk control?
AA Physical and MoralPhysical and Moral
BB Physical and FinancialPhysical and Financial
CC Financial and MoralFinancial and Moral
D Pre- and Post-lossD Pre- and Post-loss
ANSWER :ANSWER : B B
AnswerAnswer
The purpose of the Data Protection Act 1988 is to protect:The purpose of the Data Protection Act 1988 is to protect:
AA computer software developers from software pirates and computer software developers from software pirates and hackershackers
BB computer systems manufacturers against misuse of their computer systems manufacturers against misuse of their products by third partiesproducts by third parties
CC individuals on whom data is heldindividuals on whom data is held
DD public companies which hold data concerning clientspublic companies which hold data concerning clients
Sample QuestionSample Question
The purpose of the Data Protection Act 1988 is to protect:The purpose of the Data Protection Act 1988 is to protect:
AA computer software developers from software pirates and computer software developers from software pirates and hackershackers
BB computer systems manufacturers against misuse of their computer systems manufacturers against misuse of their products by third partiesproducts by third parties
CC individuals on whom data is heldindividuals on whom data is held
DD public companies which hold data concerning clientspublic companies which hold data concerning clients
ANSWER :ANSWER : C C
AnswerAnswer
The role of the Motor Insurers’ Bureau of Ireland has been defined in a The role of the Motor Insurers’ Bureau of Ireland has been defined in a number of agreements. What important amendment was made to the number of agreements. What important amendment was made to the Bureau’s role by the agreement effective 1 January 1989?Bureau’s role by the agreement effective 1 January 1989?
AA The inclusion of third party property damage claimsThe inclusion of third party property damage claims
BB Unlimited personal injury coverUnlimited personal injury cover
CC Inclusion of ‘hit and run’ situationsInclusion of ‘hit and run’ situations
DD The ability to recover from the government amounts paid The ability to recover from the government amounts paid under the terms of the agreementunder the terms of the agreement
Sample QuestionSample Question
The role of the Motor Insurers’ Bureau of Ireland has been defined in a The role of the Motor Insurers’ Bureau of Ireland has been defined in a number of agreements. What important amendment was made to the number of agreements. What important amendment was made to the Bureau’s role by the agreement effective 1 January 1989?Bureau’s role by the agreement effective 1 January 1989?
AA The inclusion of third party property damage claimsThe inclusion of third party property damage claims
BB Unlimited personal injury coverUnlimited personal injury cover
CC Inclusion of ‘hit and run’ situationsInclusion of ‘hit and run’ situations
DD The ability to recover from the government amounts paid The ability to recover from the government amounts paid under the terms of the agreementunder the terms of the agreement
ANSWER :ANSWER : A A
AnswerAnswer