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Quiz Ch. 2 & 3 (Risk 112)

Authored by Walaa Rezk

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Used 5+ times

Quiz Ch. 2 & 3 (Risk 112)
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Exclusions to the liability coverage include:

Unintentional injury or damage.

Vehicles with more than four wheels

Property non-owned by insured.

Vehicles used in the auto business.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the Saudi insurance market system, the liability coverage limit is 30.000.000 S.R.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurer can deny liability for compensation to the third party because the insured is responsible for the accident.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liability coverage covers any bodily injury or property damage for the policyholder himself

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Auto Insurance, Collision coverage covers the damage of insured auto by natural disaster.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In motor insurance, insurance cannot cancel the policy at any time without any reasons.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Collision coverage considered a mandatory coverage.

True

False

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