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Question 1 Report
List and explain five principles of insurance.
None
Answer Details
Question 2 Report
(a)Define the term employer's liability in insurance.
(b)State three benefits that can be covered under employer's liability.
(c)State three causes of business interruption.
Question 3 Report
List and explain three types of endowment policy.
Question 4 Report
Explain the following terms as used in insurance.
(a) re-insurance
(b) Loss adjusters
(c) underwriters
(d) brokers
(e) assessor
Question 5 Report
Explain the following terms under marine insurance:
(a) hull policy
(b) cargo policy
(c) freight policy
(d) marine perils
(e) average
Question 6 Report
(a)List seven contents of a certificate of insurance.
(b)State four characteristics of a cover note.
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