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6 Written questions

6 Multiple choice questions

  1. 2 examples of health insurance exclusions
  2. Waiting period
  3. Home and contents insurance exclusions
  4. 2 examples of car insurance exlusions
  5. Market value
  6. Tips to reduce premium

6 True/False questions

  1. when you ask your insurer to pay for something that is covered by your insurance policyAgreed value


  2. What is being insured and the risk being insured against, any exclusions, how much the insurer will pay if you make a claim, how much the policy will cost youWhat does the insurance policy set out?


  3. the insurer will cover the cost of replacing the item regardless of its age or condition at time of lossMarket value


  4. Extreme activities, war or terrorist damage, luggage left unattended3 examples of travel insurance exclusion


  5. Compulsory third party insurance, third party property insurance, comprehensive insurance, third party fire or theft insuranceWhat is a claim?


  6. Cost of policy (premium), product disclosure statement, insurance policy document (terms and conditions, risks covered, exclusions)Agreed value


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