Eddie has cancelled his motor insurance two months into the policy and under the policy wording, he is due a refund of some of the premium paid. Why is this MOST likley to be less than a pro rata return of premium?
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Card 17
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In the event of a claim, the insurer will look to establish the primary cause of the loss so that they can check wheather this peril is covered by the insurance policy. What is this insurance principle known as?
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Card 18
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When would average be applied to an insurance claim?
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Card 19
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For the principle of contribution to apply, a number of factors need to be present. What would NOT typically be one of these?
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Card 20
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What type of insurance policy is NOT subject to the principle of subrogation?
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Card 21
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A ship owner is concerned about the costs that may incur in relation to the pollution caused if cargo was to escape. What type of insurance do they need?
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Card 22
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What is the offshore energy insurance market commonly called?
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Card 23
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Who will usually purchase contractors' all risks insurance for a construction site?
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Card 24
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A visitor to a shop slips on a wet floor and sues the shop owner for negligence. What type of non-marine liability insurance could meet any resulting costs of this action?
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Card 25
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If an insured has bought contingency insurance, this would NOT typically include:
