Cgu Motor Inception - Domestic Pds (Part 1)

1. Their No Claim Bonus will not be impacted if their claim is for damage caused by natural disasters.

True

False

If the claim is for damage caused by natural disasters, the No Claim Bonus will not be affected. This means that even if they make a claim for such damage, their bonus will remain intact.

Explanation

If the claim is for damage caused by natural disasters, the No Claim Bonus will not be affected. This means that even if they make a claim for such damage, their bonus will remain intact.

2. We can nominate up to 2 drivers who are 24 years old and above

True

False

We cannot nominate up to 2 drivers who are 24 years old and above.

Explanation

We cannot nominate up to 2 drivers who are 24 years old and above.

3. This policy is not offered in Tasmania

Comprehensive

23A

Nominated Driver

Nominated Driver Low KM Vehicle Insurance Policy

The given correct answer suggests that the policy mentioned, which is the Nominated Driver Low KM Vehicle Insurance Policy, is not available in Tasmania. This means that residents of Tasmania cannot avail this specific insurance policy for their vehicles.

Explanation

The given correct answer suggests that the policy mentioned, which is the Nominated Driver Low KM Vehicle Insurance Policy, is not available in Tasmania. This means that residents of Tasmania cannot avail this specific insurance policy for their vehicles.

4. There are three levels of cover they can choose from.

True

False

The statement "There are three levels of cover they can choose from" implies that there are indeed three options or levels of cover available for selection. This suggests that the answer is true, as it confirms the existence of multiple choices for cover.

Explanation

The statement "There are three levels of cover they can choose from" implies that there are indeed three options or levels of cover available for selection. This suggests that the answer is true, as it confirms the existence of multiple choices for cover.

5. If they make a claim, and we decide that they are at fault, their No Claim Bonus will not be reduced when they renew their policy.

True

False

If they make a claim and we decide that they are at fault, their No Claim Bonus will be reduced when they renew their policy. This means that if the policyholder is found to be responsible for the claim, their No Claim Bonus will not be protected and they will have to pay a higher premium when renewing their policy.

Explanation

If they make a claim and we decide that they are at fault, their No Claim Bonus will be reduced when they renew their policy. This means that if the policyholder is found to be responsible for the claim, their No Claim Bonus will not be protected and they will have to pay a higher premium when renewing their policy.

6. The No Claim Bonus only applies to Comprehensive Plus policies.

True

False

The No Claim Bonus does not only apply to Comprehensive Plus policies. It is a discount that is offered to policyholders who do not make any claims during the policy period, regardless of the type of policy they have. Therefore, the statement is false.

Explanation

The No Claim Bonus does not only apply to Comprehensive Plus policies. It is a discount that is offered to policyholders who do not make any claims during the policy period, regardless of the type of policy they have. Therefore, the statement is false.

7. Available under all levels of cover. This policy provides cover for your car, motorcycle,trailer, or horse float

This answer is correct because the given information states that the policy provides cover for various types of vehicles such as cars, motorcycles, trailers, and horse floats. This implies that the policy is specifically designed to provide insurance coverage for motor vehicles, making it a suitable option for individuals looking to insure their vehicles.

Explanation

This answer is correct because the given information states that the policy provides cover for various types of vehicles such as cars, motorcycles, trailers, and horse floats. This implies that the policy is specifically designed to provide insurance coverage for motor vehicles, making it a suitable option for individuals looking to insure their vehicles.

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