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Lesson Six Quiz

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  1. Question 1 of 10
    1. Question

    Statutory conditions are always applied to what policy?

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    Incorrect
  2. Question 2 of 10
    2. Question

    Which of the following is NOT the subject of a Statutory Condition?

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    Incorrect
  3. Question 3 of 10
    3. Question

    Statutory Conditions in a property policy are primarily to protect the rights of:

    Correct
    Incorrect
  4. Question 4 of 10
    4. Question

    If the Insured wishes to cancel the policy the cancellation takes effect:

    Correct
    Incorrect
  5. Question 5 of 10
    5. Question

    Which of the following statements is true with respect to Statutory Conditions

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    Incorrect
  6. Question 6 of 10
    6. Question

    Under the Statutory Conditions termination by the insurer:

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    Incorrect
  7. Question 7 of 10
    7. Question

    Statutory condition 13- Replacement:

    Correct
    Incorrect
  8. Question 8 of 10
    8. Question

    The Facility Association:

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    Incorrect
  9. Question 9 of 10
    9. Question

    If an insured requests mid-term cancellation of a policy, the insurer will:

    Correct
    Incorrect
  10. Question 10 of 10
    10. Question

    An insurer wishing to terminate an insurance policy may do so by:

    Correct
    Incorrect

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About

Melanie is delighted to be recognised as  the Insurance Institute  Instructor of the Year 2018 in recognition for outstanding performance and dedicated service.

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