Insurance Quizzes, Questions & Answers
Recent Quizzes
The 'Principles Of Business: Insurance Quiz' assesses understanding of key insurance principles such as Utmost Good Faith, Indemnity, and various types of insurance policies including Public liability and Comprehensive coverage....
Questions: 10 | Attempts: 2897 | Last updated: Apr 25, 2024
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Sample QuestionThis principle of insurance means that the parties to an insurance contract must be truthful in the declaration they make:
California Fire & Casualty Practice Exam 1B
150 questions, 3 hours.
70% to pass
Questions: 118 | Attempts: 1253 | Last updated: Mar 22, 2023
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Sample QuestionThe one basic characteristic of any type of insurance is that the insured is returned to the same (or close to the same) status that existed prior to the loss, but without a chance for gain or profit.
INS21: Mock Exam! Trivia Quiz tests knowledge on insurance policies, coverage, and premium calculations. Key skills assessed include understanding of policy clauses, rate types, and pro-rata calculations. Essential for learners...
Questions: 75 | Attempts: 31971 | Last updated: Feb 19, 2024
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Sample QuestionBrown Company's Policy includes a liberalization clause. Brown's insurer introduces a policy change that broadens coverage at no additional premium. How will this change apply to Brown's existing policy?
This quizzes you on how well you learned about car insurance!
Questions: 14 | Attempts: 10611 | Last updated: Apr 17, 2024
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Sample QuestionWhat is: Insurance that pays for the cost of injuries to people involved in an accident and protects the insured against financial loss from lawsuits and other legal expenses incurred as a result of an accident. There are two limits: the maximum that will be paid to any one person and the maximum for each accident.
"Thought for the Day: Don't cry over spilled milk; just wipe it up and move on."
Please answer the following questions. BE SURE TO CHECK ALL THAT APPLY.
Questions: 10 | Attempts: 49 | Last updated: May 4, 2023
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Sample QuestionWhen are income and medical expenses reviewed?
What do you know about Fire and Casualty Insurance and what falls under it? In case of fire, come loss of property and a lot of substantial damage and with this, comes the importance of Fire and Casualty Insurance to assist...
Questions: 150 | Attempts: 4399 | Last updated: Mar 22, 2023
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Sample QuestionWhat course of action does a party to a contract have if the other party is found to be in breach of that contract ?
Do you know the basics of insurance? Do you suppose you can pass this test? Insurance is a means of safeguard from a monetary deficit. Insurance is a type of risk management mainly used to deter against the risk of a contingent...
Questions: 50 | Attempts: 899 | Last updated: Mar 22, 2023
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Sample QuestionWhich of the following terms is most closely related to the concept of insurable interest?
In this chapter we'll review some of the basic features of property insurance, including some of the concepts that apply to property insurance coverages and standard policy provisions.
Questions: 10 | Attempts: 377 | Last updated: Mar 17, 2024
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Sample QuestionWalt and Joanna are co-owners of a bagel shop. Both Walt and Joanna are listed in the declarations of the policy that insures the business, with Joanna's name appearing first. The declarations also list First State Bank, which has an outstanding loan on the business. Who is considered a named insured on the policy?
This quiz covers key concepts in liability insurance, including negligence, vicarious liability, and defenses against negligence claims, essential for understanding legal responsibilities in insurance.
Questions: 9 | Attempts: 378 | Last updated: Mar 16, 2023
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Sample QuestionFailure to use the care that is required to protect others from the unreasonable chance of harm is called what?
In this chapter, we focus on the Homeowners 2000 policy issued by ISO.
Questions: 12 | Attempts: 1790 | Last updated: Mar 18, 2023
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Sample QuestionA homeowner who wants the maximum protection for her home and personal property should purchase the
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