10 minutes INSURANCE QUIZ #2 by kooagency
Test yourself by going through these 15 insurance questions to determine if you know what you are buying, going to buy or have bought. Just answer True or False and then check your answers by clicking the 'ANSWERS' button at the bottom. Try it out: see whether you are an Insurance Genius or an Insurance Know-Nuts!
HAVE A FUN TIME!
|
INSURANCE QUIZ #2 |
Q1. The
Juvenile Lien clause in all life policy states that: "In the event
that the juvenile insured dies prior to his/her attaining the age of 4
years as of the insured's last birthday, the amount payable shall be in
accordance with the following schedule -
|
True False | ||||||||||||
| Q2. It is COMPULSORY to submit photocopy of your NRIC and/or Birth Cert. together with the application form when signing up for a life insurance. | True False | ||||||||||||
| Q3. To admit your age when applying for an insurance, the following photocopied documents are generally acceptable for proof of age: 1. Birth Certificate; 2. Passport; or 3. NRIC. | True False | ||||||||||||
| Q4. When applying for an insurance, it is NOT necessary for you to disclose in the proposal form, fully and faithfully all the facts which you know or ought to know as long as you think that it is not important. | True False | ||||||||||||
| Q5. A life insurance premium is calculated based on your age, sex, occupation and whether you are a smoker or non-smoker. | True False | ||||||||||||
| Q6. Motor insurance premium increases according to the cc (cubic capacity) of the vehicle and the motor premium rates vary from one Insurance company to another as it is up to the individual insurance company to charge. | True False | ||||||||||||
| Q7. Owners of motorcycles are also eligible for NCD entitlement and the NCD entitlement structure for Motorcycle Insurance is 0%, 15%, 20% and 25%. | True False | ||||||||||||
| Q8. Motor insurance for Company Registered Private owned Vehicle MUST be purchased with 'All Drivers' coverage for an additional premium of RM50. | True False | ||||||||||||
| Q9. MRTA (Mortgage Reducing Term Assurance) or MRTI (Mortgage Reducing Term Insurance) premium is payable in a single premium (one time payment) or annually no matter how many years of loan repayment that you have applied for. | True False | ||||||||||||
| Q10. MRTA/MRTI premium is calculated based on the sum insured, your age, the current bank loan interest charged, and the number of years of loan repayment. | True False | ||||||||||||
| Q11. Ah Kow has a Personal Accident (PA) policy for 5 years now, and suddenly he committed suicide while the PA policy is still in forced. In Ah Kow's case, the insurance company WILL PAY the sum insured to his beneficiary as the policy is already more than 1 year in forced. | True False | ||||||||||||
| Q12. The MedicaGen or MedicaLife health/medical plan is only provided by Zurich Insurance Malaysia Berhad. | True False | ||||||||||||
| Q13. In the MedicaGen or MedicaLife health/medical insurance, insurance company WILL NOT PAY for any hospitalisation and/or surgical claims made within the first 30 days if due to illness or sickness except for accidental case. This is called the 'Cooling Off Period'. | True False | ||||||||||||
| Q14. In the MedicaGen or MedicaLife health/medical insurance, there are certain 'Specific Illnesses' which the insurance company does not provide cover for the first 120 days. | True False | ||||||||||||
| Q15. If you have the MedicaGen or MedicaLife health/medical insurance and you fractured your arm in an accident which you sought treatment at a nearby private registered clinic, the insurance company WILL NOT PAY for that bill if the accident happened within the first 30 days of the policy. | True False |
Please use the 'BACK' button on your browser to return to previous page.
This is USJatyourservice, Service At Its Best! provided by kooagency
