Este Quiz é cronometrado.
Você tem 1 hora 30 minutos para completar as 4 questões deste quiz..
A primary purpose of insurance as a risk transfer mechanism is to
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
The duty of providing full particulars of a claim and proof of loss ultimately rests with the
loss adjuster
broker
loss assessor
insured
Assignment in relation to insurance is the
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
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
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
