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6 Written questions

6 Multiple choice questions

  1. Why bother with travel insurance?
  2. 2 examples of health insurance exclusions
  3. Agreed value
  4. Market value
  5. 2 examples of car insurance exlusions
  6. There are two parts to an insurance policy:

6 True/False questions

  1. when you ask your insurer to pay for something that is covered by your insurance policyAgreed value


  2. the time you must wait after you buy the policy before you make a claimWaiting period


  3. Insurance can help you replace something, protect you from something that may happen, pay off debtReasons to insure


  4. Income protection, total and permanent disability, trauma or critical, term life or death, private health, consumer creditTypes of life insurance:


  5. the insurer will cover the cost of replacing the item regardless of its age or condition at time of lossMarket value


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