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Introduction to Insurance

This class was created by Brainscape user Taylor McTaggart. Visit their profile to learn more about the creator.

By: Taylor McTaggart
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Decks in this class (8)

Principles of Insurance
What is insurance,
List 3 benefits of insurance,
What are the 4 key concepts of risk
12  cards
Regulatory Awareness
How many outcomes for consumers a...,
List 2 points the fca say tcf is not,
List 2 points the fca say tcf is
15  cards
Policy Awareness
What three important elements mus...,
What are the four categories cont...,
List four things that will be pro...
14  cards
Reserving Philosophy
What is a reserve,
Why is it important that a proper...,
What two groups of people are inv...
6  cards
Underwriting Awareness
In addition to the proposal form ...,
List 3 factors an underwriter wou...,
List 3 factors an underwriter wou...
8  cards
Claims Awareness
What 2 things must the insured pr...,
How can notification of a claim b...,
What do the responses to the ques...
16  cards
Principles of Law
What is the law,
What is the difference between cr...,
Explain binding authority
15  cards
Pricing Awareness
What are the 4 main components of...,
What are attritional claims,
What is the difference between a ...
9  cards

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Introduction to Insurance

  • Class purpose General learning

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