BCP (Set2)
SGD 39.90
3 Apr 2025
BCP Exam Question
What is the most effective method of reinsurance, that an insurer can use, to protect itself against an aggregate of various small losses, but for which can be cumulatively substantial?
a) Surplus Treaty
b) Quota Share Treaty
c) Proportional Facultative
d) Excess of Loss Ratio Treaty
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BCP (Set1)
SGD 39.90 Add to cart3 Apr 2025
BCP Exam Question
Which of the following is a method used to ensure that an insured person does not get more than an indemnity by claiming for the same loss or damage from two insurance policies?
a) Subrogation.
b) Sublet.
c) Right of Lien.
d) Assignment.
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PGI (Set1)
SGD 39.90 Add to cart3 Apr 2025
PGI Exam Question
Which of the following will be insured under a Packaged Household Insurance policy?
a) Loss or damage to the property owing to its own fermentation and natural heating.
b) Loss or damage of property by subsidence and landslip.
c) Confiscation or requisition of property by order of the government authority.
d) Loss or damage to the insured’s domestic helper’s clothing.
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ComGI (Set2)
SGD 39.90 Add to cart3 Apr 2025
ComGI Exam Question
Which expense cannot be claimed under Business Interruption Insurance?
a) Staff payroll in the event of business interruption.
b) Rental expenses in the event of business interruption.
c) Fees to engage assessors to formulate and negotiate a claim.
d) Fees to engage a professional accountant to produce proof for claim.
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ComGI (Set1)
SGD 39.90 Add to cart3 Apr 2025
ComGI Exam Question
The underwriting information required for Theft Insurance include all of the following except:
a) Type of goods to be insured.
b) Location where goods are stored.
c) Experience of staff or caretakers who oversee the goods.
d) Previous claims experience.