Insurance

This professional analyzes statistics and uses them to calculate risks and premiums.

• Agent

• Actuary

• Claims Clerk

• Underwriter

Tags

CCSS.HSS.MD.B.6

CCSS.HSS.MD.B.7

Which is not a principle of insurance?

• Indemnity

• Insurable Interest

• Actuary

• Subrogation

Which is not a type of life assurance ?

• Contribution Policy

• Term Policy

• Endowment Policy

• Whole Life Policy

True or False Motor Insurance is compulsory in Ireland

• True

• False

Name one way a household could reduce their house insurance?

• Have friendly neighbours

• Have a smoke alarm

• Have a fancy car

• Leave the spare key under the mat

What does PRSI stand for?

• Pay Related Social Income

• Play Related Social Income

• Pay Related Social Insurance

• Pay Rent Social Insurance

Who do you contact when you want to make a claim?

• The person you bought the good from

• The person that stole it

• The insurance company

What is compensation?

• The payment from the insurance company to the owner of the damaged or stolen item

• The payment from the insurer to the insurance company to insure a good

• The payment from a workers wages to the government

• A payment from the government to workers

What is premium?

• The money the insurance company pays out to people

• A payment to the government

• The cost of taking out insurance

• A type of insurance

How are you finding online teaching?

• I am loving it

• It is okay

• Its a lot of work

• Other