So... You're An Insurance Expert, Huh?

9 Questions | Total Attempts: 116

SettingsSettingsSettings
Please wait...
Insurance Quizzes & Trivia

For those in the insurance business that fancy themselves "experts," here's a quiz to see just how knowledgeable you really are. Fun to share around the office, too. The winner is obviously King of the Insurance World!


Questions and Answers
  • 1. 
    The origins of life insurance date back to:
    • A. 

      Seventeenth Century England

    • B. 

      Eighteenth Century England

    • C. 

      Ancient Rome

    • D. 

      Ancient Greece

    • E. 

      1800s New York

  • 2. 
    The first monetary arrangement that offered to protect the value of property while in transit occurred when:
    • A. 

      300 years ago

    • B. 

      500 years ago

    • C. 

      1500 years ago

    • D. 

      2100 years ago

    • E. 

      4500 years ago

  • 3. 
    The internationally famous Lloyd's of London began in a _______________, in what year?
    • A. 

      Public House in 1777

    • B. 

      Coffee House in 1688

    • C. 

      Brick House in 1900

    • D. 

      Person's House in 1850

    • E. 

      Jail House in 1550

  • 4. 
    The Lutine Bell still hangs in the underwriting room at today’s Lloyd’s of London.  Historically, the bell was heard throughout Lloyd’s:
    • A. 

      To signify the King or Queen of England renewing an insurance policy

    • B. 

      Lunchtime

    • C. 

      When a ship was overdue in returning to its port

    • D. 

      Twice daily

    • E. 

      At the start of a war

  • 5. 
    They say that Lloyd’s underwriters can insure almost any risk.  Which risk did Lloyd’s of London underwriters ACTUALLY refuse to insure?
    • A. 

      The risk of a European gentleman’s daughter losing her virginity

    • B. 

      The risk of Royal Family embarrassment due to marital problems

    • C. 

      The risk of injury or death as a result of reading a Charles Dickens novel

    • D. 

      The innumerable risks resulting from attitudes of the French

    • E. 

      The risk of the King's gambling habit

  • 6. 
    Lloyd’s of London is famous for issuing some pretty strange policies.  Which of the policies that follow WAS NOT issued by Lloyd’s of London?
    • A. 

      A “happiness policy,” insuring against “worry lines” forming on face of famous model

    • B. 

      Protection against accidental death caused by Sputnik falling from the sky

    • C. 

      Revolution insurance to protect against British colonies declaring independence

    • D. 

      Flamenco dancer Jose Greco's special trousers insured against splitting at $980 a pair

    • E. 

      A policy covering the outcomes of Tony Blair palling around with President G.W. Bush

  • 7. 
    When was the first time Workers Compensation insurance was required?
    • A. 

      1797

    • B. 

      1897

    • C. 

      1937

    • D. 

      1957

    • E. 

      1977

  • 8. 
    As of 2005, how many U.S. households did NOT own any life insurance?
    • A. 

      45 million

    • B. 

      60 million

    • C. 

      22 million

    • D. 

      14 million

    • E. 

      11.7 million

  • 9. 
    Who is most often credited as being the world's most successful life insurance salesman?
    • A. 

      Miles Standish, of The Hartford

    • B. 

      Mickey Rubinstein, of Indianapolis Life

    • C. 

      John Hancock, of John Hancock

    • D. 

      Ben Feldman, of New York Life

    • E. 

      Horrace Mann, of Prudential