6 Written questions
6 Multiple choice questions
- Types of car insurance:
- Home and contents insurance exclusions
- Why bother with travel insurance?
- What is a claim?
- 2 examples of car insurance exlusions
- Reasons to insure
6 True/False questions
Income protection, total and permanent disability, trauma or critical, term life or death, private health, consumer credit → 3 examples of travel insurance exclusion
the insurer will cover the cost of replacing the item regardless of its age or condition at time of loss → Replacement cost
insurer will pay the value of the item based on current age and condition at time of loss → Market value
Smoking, cosmetic surgery → 2 examples of car insurance exlusions
Cost of policy (premium), product disclosure statement, insurance policy document (terms and conditions, risks covered, exclusions) → Agreed value
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 → Excess