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By:
Joshua Thomas
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Decks in this class (11)
Chapter 1: Material Information
What 3 elements must be present f...,
What legal principle governs insu...,
How does the principle of good fa...
37
cards
Chapter 2: Underwriting Procedures
How are terms and conditions some...,
What must the underwriter do when...,
What is a quotation
58
cards
Chapter 3: Insurance Policies
What is the parol evidence rule,
What form is a policy generally i...,
What sort of language should poli...
42
cards
Chapter 4: Renewals and Cancellation
Why would an insurer be keen to e...,
How will an insurer seek to ensur...,
Is there an obligation to renew
23
cards
Chapter 5: Insurance Products - Personal Insurances
What are the four different level...,
What optional extensions are typi...,
What are the main differences bet...
58
cards
Chapter 6: Insurance Products - Commercial Insurances
What are the main types of commer...,
What are the 3 main parts of a st...,
What special perils can be includ...
70
cards
Chapter 7: Related Services
What is a helpline,
What are some of the main example...,
What is an authorised repairer
28
cards
Chapter 8: Underwriting Considerations
What are the four main tasks of a...,
What is assessed in the insurance...,
What are the main underwriting fa...
58
cards
Chapter 9: Establishing the Price - Rating Factors
What is mi and how does it help a...,
What are the 3 levels of decision...,
What sort of information is repor...
31
cards
Chapter 10: Establishing the Price - Pricing Factors
How can risk premium be defined,
What is a claims run off,
What are latent claims
40
cards
Chapter 11: Managing Exposure
Do all lines of business experien...,
Starting from higher profits what...,
How long does a cycle of the insu...
44
cards
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cii if3
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