Recent questions tagged finance-quiz

1 answer

The __________ discovered by Jakob Bernoulls around 1700 forms the basis of modern insurance.

asked Sep 10, 2021 in Finance by voice (257k points)

1 answer

The oldest life insurance company in existence today is the society for the equitable assurance of

asked Sep 10, 2021 in Finance by voice (257k points)

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Dr.Nicholas Barbon set up in 1967 the first fire insurance company known as the __________

asked Sep 10, 2021 in Finance by voice (257k points)

1 answer

The first insurance contract was entered into by European maritime nations in 1347 to accept ________ insurance as

asked Aug 14, 2021 in Finance by voice (257k points)

1 answer

__________ principle in insurance mention the assured must have insurable interest in the life or property insured.

asked Aug 14, 2021 in Finance by voice (257k points)

1 answer

__________ principle in insurance mention the cause of loss must be direct and an insured one in order to claim for

asked Aug 14, 2021 in Finance by voice (257k points)

1 answer

The purpose of __________ are to hold the negligent person responsible for the loss and prevent the insured from

asked Aug 14, 2021 in Finance by voice (257k points)

1 answer

______________ principle means that the insured is not entitled to make a profit on his loss.

asked Aug 14, 2021 in Finance by voice (257k points)

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Principle of utmost good faith is also known as __________.

asked Aug 14, 2021 in Finance by voice (257k points)

1 answer

Which of the following terms is dissimilar to the other four options?

asked Aug 14, 2021 in Finance by voice (257k points)

1 answer

Which of the following terms is dissimilar to the other four options?

asked Aug 14, 2021 in Finance by voice (257k points)

1 answer

Which of the following statements is incorrect in respect of brokers?

asked Aug 14, 2021 in Finance by voice (257k points)

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Regarding ‘Exclusions’ find out the incorrect statement.

asked Aug 14, 2021 in Finance by voice (257k points)

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Which of the following terms matches closest with ‘Asbestosis’?

asked Aug 6, 2021 in Finance by voice (257k points)

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Which of the following types of insurances is dissimilar to the other four options?

asked Aug 6, 2021 in Finance by voice (257k points)

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Which of the following covers is dissimilar to the other four options?

asked Aug 6, 2021 in Finance by voice (257k points)

1 answer

A Surveyor’s role includes:

asked Aug 6, 2021 in Finance by voice (257k points)

1 answer

Members of the Insurance Advisory Committee are drawn to represent the interests of different groups like:

asked Aug 6, 2021 in Finance by voice (257k points)

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Which of the following terms matches closest with ‘Composite Policy’?

asked Aug 6, 2021 in Finance by voice (257k points)

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________ principle in insurance means maximum truth.

asked Aug 6, 2021 in Finance by voice (257k points)

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The document which embodies the contract in insurance is called____________

asked Aug 6, 2021 in Finance by voice (257k points)

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Insurance cannot prevent the occurrence of risk but it provides for the_________

asked Aug 6, 2021 in Finance by voice (257k points)

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Which of the following terms matches closest with ‘Professional indemnity cover’?

asked Aug 6, 2021 in Finance by voice (257k points)

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Select the expanded form of ALOP used in insurance

asked Aug 2, 2021 in Finance by voice (257k points)

1 answer

Select the expanded form of FPA as used in insurance

asked Aug 2, 2021 in Finance by voice (257k points)

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