Property And Casualty Broker Quiz

10 Questions | Attempts: 177
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Property And Casualty Broker Quiz - Quiz

Property and Casualty insurance brokers offer insurance policies on fires, theft, accidents and lots more. Available since as early as the 17th century, insurance policies are now a vital part of our business and personal world. Test your knowledge on history and other parts of property and casualty insurance by taking this quiz.


Questions and Answers
  • 1. 
    Property and casualty insurance was first established in the _____
    • A. 

      Oil Industry

    • B. 

      Mining Industry

    • C. 

      Maritime Field

    • D. 

      Estate Industry

  • 2. 
    Organized maritime insurance began in this city
    • A. 

      Paris

    • B. 

      New York

    • C. 

      Berlin

    • D. 

      London

  • 3. 
    In what year was the first marine insurance company in the US?
    • A. 

      1792

    • B. 

      1892

    • C. 

      1992

    • D. 

      1692

  • 4. 
    The first accident insurance in the US was sold in _____
    • A. 

      1763

    • B. 

      1863

    • C. 

      1963

    • D. 

      1663

  • 5. 
    Theft insurance was first written in _____
    • A. 

      1699

    • B. 

      1799

    • C. 

      1899

    • D. 

      1999

  • 6. 
    The first automobile policy was sold in _____
    • A. 

      1998

    • B. 

      1698

    • C. 

      1798

    • D. 

      1898

  • 7. 
    The first workers compensation insurance was sold in _____
    • A. 

      1910

    • B. 

      1610

    • C. 

      1710

    • D. 

      1810

  • 8. 
    Insurance against loss by fire became available after the great London fire of _____
    • A. 

      1866

    • B. 

      1966

    • C. 

      1666

    • D. 

      1766

  • 9. 
    Insurance agents can either be independent agents, exclusive agents or _____
    • A. 

      Inclusive agents

    • B. 

      Dependent agents

    • C. 

      Indirect writers

    • D. 

      Direct writers

  • 10. 
    Which of these group of insurance agents do not own rights to the policy they sell?
    • A. 

      Direct writers

    • B. 

      Independent agents

    • C. 

      Dependent agents

    • D. 

      Exclusive agents

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