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Insurance Quiz Q1/19 Flashcards | StudBud
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Insurance Quiz Q1/19
Insurance Quiz Q1/19
15 terms
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StudBud Administration
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11 plays
This is the Insurance Quiz! for Quarter 1!
Flashcards
15 cards
F
Practice quiz
P
Host live
L
Questions
15
Answers
1
A hire car is not applicable to a 3rd party fire and theft motor vehicle policy in any case
True
False
2
Is my sporting equipment covered away from home?
Not at all
Yes, if in a hotel, residential building, hospital or club rooms
Yes, anywhere and anytime
Yes, only if stored in a club room
3
What is the amount personal items are covered for in a motor vehicle?
$10,000
Unlimited
$1000
$0
4
Specified Special valuables are covered away from home (AD)
Anywhere/anytime
Worldwide up to 90 consecutive days
Australia only
Anywhere in Australia and New Zealand
5
Musical instruments are covered under which category?
Special valuables
Sporting goods
Watercraft less than 4 metres long
General Contents
6
After every home and contents quote and/or policy, they will receive a PDS and Key Facts Sheet
False
True
7
A travel insurance policy can be completed for members travelling to the same place but different dates.
True
False
8
What is the additional excess applicable to a claim for earthquake or tsunami?
$1000
$250
$600
Double the chosen excess
9
What is a bicycle covered for?
It’s not.
Up to $20,000 under general contents
Only covered for theft up to $3000
Up to $3000 under sporting equipment
10
What is one of the Peoples Choice benefits of the home and contents policy?
Free Windscreen Extension
No payable excess
Broken Bones Cover
That’s budget gents
11
What percentage of budget did Zenith hit for August 2019?
50%
Over 80%
Below 50%
65-75%
12
Windscreen extension includes all windows or windscreens on the vehicle
True
False
13
What excess is payable with a liability claim for home and contents?
$1000
Amount member chose at the time of purchase
$0
$250
14
When claiming on loss or damage as a result of an earthquake or tsunami, an additional excess applies
True
False
15
What are the correct steps of loading insurance policies into onyx?
Quote - leave it there until the end of time
Enquiry then quote then closed - successfully completed
Closed - Successfully completed - Always use People’s Choice
What is onyx?
