Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Test 1: Household Insurance
Test Description: Introduction to property and liability insurance - T1-C1
Instructions: Answer all questions to get your test result.
1) What is the main reason to purchase insurance products?
A
To collect claims indemnity
B
To protect property from risks of physical damage
C
To be able to obtain a mortgage
D
To maintain property in good order
2) Insurance has existed for ages. What event led to personal property insurance as we know it today?
A
Hurricane Katrina
B
The San Fransisco earthquake
C
The Great fire of London
D
World War II
3) What type of insurance was nationalized in Quebec in 1978?
A
Insurance of persons
B
Household Insurance
C
Automobile insurance
D
Employment insurance
4) The principle of common funds states that:
A
all insureds pay the same premium
B
all insureds help pay for losses suffered by a certain number of them
C
insureds receive a return on premiums
D
insurance is similar to mutual funds
5) The fire insurance policy covered only the following risks:
A
fire, theft and vandalism
B
fire and extended coverage
C
property and liability
D
fire, lightning and combustion explosion
6) The minimum protection for a fire policy is stipulated in:
A
the Act respecting insurance
B
the fire policy itself
C
the Quebec Civil Code
D
the insuring agreement
7) ESLBHIVRF is an acronym for
A
insurance companies in Quebec
B
risks included in extended coverage insurance
C
comprehensive insurance
D
the terms in an insurance contract
8) Today's household policy form is known as:
A
Householder insurance
B
Combined residential insurance
C
Fire and extended coverage insurance
D
Comprehensive insurance
9) The IBC standard forms carry a number beginning with QPPF which stands for:
A
Quebec permanent policy form
B
Quebec personal property form
C
Quebec popular property form
D
Quebec public property form
10) The greatest catastrophe to date in Quebec was:
A
Flood in Saguenay in 1996
B
Lac Megantic fire in 2013
C
Ice storm in 1998
D
Flooding in Montéregie in 2012
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?