6 Written Questions
6 Multiple Choice Questions
- Replacement cost
- Home and contents insurance exclusions
- What does the insurance policy set out?
- Waiting period
- What is a claim?
- 2 examples of health insurance exclusions
6 True/False Questions
Insurance can help you replace something, protect you from something that may happen, pay off debt → Reasons to insure
Terms and conditions and policy schedule/certificate → There are two parts to an insurance policy:
what you must pay out of your own pocket on any claim → Excess
Cost of policy (premium), product disclosure statement, insurance policy document (terms and conditions, risks covered, exclusions) → Excess
Modifications, illegal behaviour → 2 examples of health insurance exclusions
Compulsory third party insurance, third party property insurance, comprehensive insurance, third party fire or theft insurance → Types of car insurance: