Insurance

An insurance premium

• is the amount you get from the company when you make a claim

• doesn't exist

• is the payment you make for an insurance policy

• is the discount you receive if you book online

My excess is 300euro. I crash my car. Damage is 1000. How must will insurance company pay?

• 300

• 500

• 600

• 700

My excess is 700. I fall snowboarding, costing me 600 euro. How much will insurance company pay

• 0

• 600

• 100

• 700

Which of the following would increase the insurance premium for car insurance

• age of driver

• type of engine

• number of accidents

• none of the above

Which of the following is the most expensive car insurance

• third party

• third party fire and theft

• comprehensive

I have third party insurance. I crash into Ann. The following is covered

• ME

• ANNE AND HER CAR

• JUST ANN

• EVERYONE IS COVERED

Compensation is:

• The money I pay for insurance

• the money I get from claiming on my insurance policy

• a type of insurance

Third Party car insurance is compulsory in Ireland

• True

• False

A 'LOADING' IS:

• a discount you get on your insurance policy

• additional cost built into the cost of your insurance policy

An example of 'loading' is

• someone who is under 25

• full licence driver

• someone with no penalty points