Insurance

Insurance offers

• Financial Protection

• Profit

• Discount

• Prizes

The money you pay to an insurance company

• Compensation

• Premium

• Profit

• Money

Which of the following is NOT an insurance company

• AIG

• Aviva

• Vodafone

• Laya

Which of the following is NOT a principle of insurance

• Indemnity

• Subrogation

• Utmost Good Faith

• Compensation

You can make a profit of insurance

• True

• False

Motor insurance is insurance for

• People

• Vehicles

• Health

• Houses

Paying extra on insurance is called

• Premium

• Third party

• Loading

• Compensation

The person who takes out insurance

• 1st party

• 2nd party

• 3rd party

Which is NOT a policy for life assurance

• Term Policy

• Whole-life policy

• Time policy

• Endowment policy

I would insure something that doesn't benefit me

• Yes

• No