Quiz Summary
0 of 10 questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 10 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 10
1. Question
What is the primary purpose of insurance?
CorrectIncorrect -
Question 2 of 10
2. Question
Which of the following best defines risk?
CorrectIncorrect -
Question 3 of 10
3. Question
Which type of insurance provides coverage for damage to your own property, such as your home or car?
CorrectIncorrect -
Question 4 of 10
4. Question
What is the key function of an insurance policy?
CorrectIncorrect -
Question 5 of 10
5. Question
Which of the following is an example of speculative risk?
CorrectIncorrect -
Question 6 of 10
6. Question
What is the primary purpose of liability insurance?
CorrectIncorrect -
Question 7 of 10
7. Question
Which principle of insurance states that the insured should not profit from a loss?
CorrectIncorrect -
Question 8 of 10
8. Question
What is diversification in risk management?
CorrectIncorrect -
Question 9 of 10
9. Question
Which type of insurance provides income replacement in the event of disability?
CorrectIncorrect -
Question 10 of 10
10. Question
What is an insurance premium?
CorrectIncorrect
