General Insurance Quizzes, Questions & Answers

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Explore the essentials of general insurance through this focused module. It assesses foundational knowledge in insurance principles, covering key concepts and terminologies. Ideal for individuals preparing for insurance exams or...

Questions: 29 | Attempts: 10 | Last updated: Aug 4, 2025

Sample Question 1
Who are the Named Insured in an insurance policy?

The primary beneficiaries listed in the policy.

The insurance agent who sold the policy.

The underwriter of the insurance company.

The policyholders named in the declaration section (Mr. & Mrs. Policyholder)

Sample Question 2
What is a physical hazard?

An emotional response to a situation.

An increase in frequency or severity of loss from use, location, or construction

A financial risk associated with an investment.

A decrease in frequency or severity of loss from use, location, or construction.

Sample Question 3
What is the purpose of an insurance contract?

A legal contract purchased to indemnify the insured against a loss or liability from an unexpected event

A statement of insurance coverage without any legal implications.

A document outlining the terms of an investment agreement.

A binding agreement to purchase insurance in the future.

General Insurance Quizzes, Questions & Answers

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