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81

which of the following professionals is an operator in the reinsurance market?

  • A. agent
  • B. consultant
  • C. broker
  • D. adjuster
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82

The part of a policy that describes the event that led to  a loss is

  • A. operative clause
  • B. recital clause
  • C. heading
  • D. schedule
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83

The type of life insurance policy where the premium goes towards the policy with no interest element is

  • A. endowment policy
  • B. whole life insurance
  • C. annuity policy
  • D. term insurance
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84

The document used by the insurer to ask questions about a risk to be covered is 

  • A. certificates
  • B. proposal form
  • C. policy form
  • D. schedule
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85

The policy which covers either death or disability resulting from an injury is

  • A. personal accident insurance
  • B. fidelity guaranteed
  • C. sickness insurance
  • D. motor insurance
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