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6 Written questions

6 Multiple choice questions

  1. 3 examples of travel insurance exclusion
  2. 2 examples of car insurance exlusions
  3. Waiting period
  4. Market value
  5. Agreed value
  6. 2 examples of health insurance exclusions

6 True/False questions

  1. Accidents are more likely to happen in unfamiliar places, Australian private health insurance does not usually cover you overseasWhy bother with travel insurance?


  2. Reduce the risk, purchase more than one policy from the same insurer, pay for insurance anuallyWhat is a claim?


  3. what you must pay out of your own pocket on any claimExcess


  4. when you ask your insurer to pay for something that is covered by your insurance policyWhat is a claim?


  5. 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?


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


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