3469320
Descripción
Test por victoriahowell90, actualizado hace más de 1 año
|
Creado por victoriahowell90
hace casi 9 años
|
|
Pregunta 1
Pregunta
A primary purpose of insurance as a risk transfer mechanism is to
Respuesta
-
compensate for financial losses however sustained
-
help balance the national economy
-
spread the cost of an insured loss amongst many policyholders
-
provide a source of funds for capital investment
Pregunta 2
Pregunta
The duty of providing full particulars of a claim and proof of loss ultimately rests with the
Respuesta
-
loss adjuster
-
broker
-
loss assessor
-
insured
Pregunta 3
Pregunta
Assignment in relation to insurance is the
Respuesta
-
passing of rights under the policy from one party to another
-
division of a loss between insurers where two or more insurers cover the same risk
-
delegation of a loss settlement authority to a third party
-
scaling down of a claim payment in proportion to the degree of underinsurance
Pregunta 4
Pregunta
A proposer makes a fraudulent statement in order to obtain insurance cover at a reduced rate. The consequent common law position is that any policy issued will
Respuesta
-
be void from inception
-
remain valid, but the insured must pay an additional premium only
-
remain valid, but the insured must pay an additional premium and the policy cannot be renewed
-
remain valid, but cannot be renewed only
¿Quieres crear tus propios Tests gratis con GoConqr? Más información.