KY Unit 1 - Principles of Insurance
Practice Questions
All of the following are examples of insurable hobby EXCEPT a
A. Individual's hobby in belongings she intends to purchase subsequent week
B. Dry cleanser's hobby in his customer's garb this is nonetheless in his custody
C. Man or woman's interest in the home she personal's
D. Individual's hobby in the upgrades he has added to his leased condo - ANSA. Individual's
interest in assets she intends to purchase next week
All of the subsequent are varieties of dangers except.
A. Morale
B. Ethical
C. Hazard
D. Bodily - ANSC. Danger
All of the subsequent can improve the acceptability of a risk EXCEPT
A. Deductibles
B. Coinsurance
C. Hazards
D. Limited peril safety - ANSC. Hazards
Exclusions are regularly observed in coverage regulations for which of the following
motives?
I to help control physical and ethical risks
II to dispose of catastrophic or uninsurable perils
III to not directly guard the pastimes of the coverage holders
A. II simplest
B. III best
C. I and II
D. I, II and III - ANSD. I, II, and III
Gertrude has an insurable interest in all the following EXCEPT a
A. Improvements she has made to her condominium
B. The life of her husband, Lurch
C. Her automobile
D. Assets her uncle would possibly go away her - ANSD. Belongings her uncle MIGHT leave
for her
Highpoint Industries has an automated sprinkler gadget mounted in its office building. This is
an instance of which hazard control method?
A. Avoidance
Practice Questions
All of the following are examples of insurable hobby EXCEPT a
A. Individual's hobby in belongings she intends to purchase subsequent week
B. Dry cleanser's hobby in his customer's garb this is nonetheless in his custody
C. Man or woman's interest in the home she personal's
D. Individual's hobby in the upgrades he has added to his leased condo - ANSA. Individual's
interest in assets she intends to purchase next week
All of the subsequent are varieties of dangers except.
A. Morale
B. Ethical
C. Hazard
D. Bodily - ANSC. Danger
All of the subsequent can improve the acceptability of a risk EXCEPT
A. Deductibles
B. Coinsurance
C. Hazards
D. Limited peril safety - ANSC. Hazards
Exclusions are regularly observed in coverage regulations for which of the following
motives?
I to help control physical and ethical risks
II to dispose of catastrophic or uninsurable perils
III to not directly guard the pastimes of the coverage holders
A. II simplest
B. III best
C. I and II
D. I, II and III - ANSD. I, II, and III
Gertrude has an insurable interest in all the following EXCEPT a
A. Improvements she has made to her condominium
B. The life of her husband, Lurch
C. Her automobile
D. Assets her uncle would possibly go away her - ANSD. Belongings her uncle MIGHT leave
for her
Highpoint Industries has an automated sprinkler gadget mounted in its office building. This is
an instance of which hazard control method?
A. Avoidance
