Property And Casualty Broker Quiz
10 Questions
| Attempts: 177
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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