Junior Cycle Insurance
Authored by Catherine Walsh
Business
8th Grade
Used 221+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person who calculates the premiums
Broker
Loss adjuster
Actuary
Agent
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You fill out a proposal form when you want to
Make a claim
Apply for insurance
Apply for compensation
Enquire about insurance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rule that you cannot profit from insurance is called
Indemnity
Identity
Insurable interest
Subrogation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these helps you to shop around for insurance?
Agent
Assessor
Actuary
Broker
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A house worth €300,000 will cost €5 per 1000 to insure. How much will the premium be?
€500
€3000
€1500
€150
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you are seen as a high risk, for example if you smoke the insurance company will add a....
Reduction
Loading
No claims bonus
Premium
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which two of these insurances are required by law?
Motor
House contents
PRSI
Life
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