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Question 1/35
Barbara owns a factory employing 20 people. What insurance is she required to hold by law?
Correct Answer: D
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- Other Question (35q)
- Q1. Barbara owns a factory employing 20 people. What insurance is she required to hold by law?...
- Q2. In order for a contract to be legally enforceable, what further action is required after o...
- Q3. The capital requirements of insurers and intermediaries are set out by...
- Q4. John wishes to insure his friend's house. Why would an insurer refuse to provide a quotati...
- Q5. A broker collects premiums on behalf of an insurer and subsequently goes into liquidation....
- Q6. In the event of an insurer including an unclear clause in its household insurance policy, ...
- Q7. Who is represented by a loss assessor?
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- Q10. Under the regulator's training and competency rules, a general insurance employee carrying...
- Q11. A risk that is always insurable is a
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- Q13. The purpose of Insurance Premium Tax is to
- Q14. Which key test for money laundering is defined under the Proceeds of Crime Act 2002?...
- Q15. Michael, an insurance company employee, strongly suspects that a recent transaction involv...
- Q16. How is Insurance Premium Tax collected within the UK?...
- Q17. An investor is unable to obtain insurance to protect his potential losses while trading on...
- Q18. What type of reduction is sometimes applied to the replacement cost of an item under an in...
- Q19. John and his wife arrange a household contents insurance policy in joint names with insure...
- Q20. In a chain of events, the proximate cause of a loss is always the...
- Q21. An intermediary needs to place a large properly risk, however the insurance company can on...
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- Q23. What is the basis of settlement under a new for old insurance policy if a television is st...
- Q24. Which professional body specialises in giving its members advice on the long-term manageme...
- Q25. Under common law. when does the insured's duly of fair presentation cease with regard to d...
- Q26. If the amount to be paid in the event of a total loss of insured property is agreed betwee...
- Q27. A firm of insurance brokers invite Stuart. an underwriter who handles its account, on a Ca...
- Q28. What is the legal standing of the Charioted Insurance Institute's Code of Ethics?...
- Q29. In accordance with the principle of good faith, which facts must a potential policyholder ...
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- Q32. Bye-laws are passed at the Lloyd's Market by the...
- Q33. Sara searches on a comparison website for car insurance. She selects the cheapest quotatio...
- Q34. If an insurer invokes the cancellation clause to cancel a policy mid-year due to a change ...
- Q35. Self-insurance arises when a
