6 Written Questions
6 Multiple Choice Questions
- 2 examples of health insurance exclusions
- There are two parts to an insurance policy:
- Reasons to insure
- Replacement cost
- Why bother with travel insurance?
6 True/False Questions
Extreme activities, war or terrorist damage, luggage left unattended → There are two parts to an insurance policy:
Cost of policy (premium), product disclosure statement, insurance policy document (terms and conditions, risks covered, exclusions) → Agreed value
Income protection, total and permanent disability, trauma or critical, term life or death, private health, consumer credit → 3 examples of travel insurance exclusion
Modifications, illegal behaviour → 2 examples of car insurance exlusions
Compulsory third party insurance, third party property insurance, comprehensive insurance, third party fire or theft insurance → What is a claim?
insurer will pay the value of the item based on current age and condition at time of loss → Agreed value