6 Written questions
6 Multiple choice questions
- Waiting period
- Replacement cost
- Market value
- Home and contents insurance exclusions
- Types of car insurance:
- 2 examples of health insurance exclusions
6 True/False questions
Cost of policy (premium), product disclosure statement, insurance policy document (terms and conditions, risks covered, exclusions) → What to remember when choosing insurance
Reduce the risk, purchase more than one policy from the same insurer, pay for insurance anually → What is a claim?
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 you → What does the insurance policy set out?
Income protection, total and permanent disability, trauma or critical, term life or death, private health, consumer credit → 3 examples of travel insurance exclusion
Accidents are more likely to happen in unfamiliar places, Australian private health insurance does not usually cover you overseas → Why bother with travel insurance?
insurer will pay you a fixed dollar amount as stated on your policy → Excess