6 Written questions
6 Multiple choice questions
- 3 examples of travel insurance exclusion
- 2 examples of car insurance exlusions
- Waiting period
- Market value
- Agreed value
- 2 examples of health insurance exclusions
6 True/False questions
Accidents are more likely to happen in unfamiliar places, Australian private health insurance does not usually cover you overseas → Why bother with travel insurance?
Reduce the risk, purchase more than one policy from the same insurer, pay for insurance anually → What is a claim?
what you must pay out of your own pocket on any claim → Excess
when you ask your insurer to pay for something that is covered by your insurance policy → 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?
Cost of policy (premium), product disclosure statement, insurance policy document (terms and conditions, risks covered, exclusions) → Agreed value