The policyholder has never made a claim but reported a near-miss incident where a fire was quickly extinguished by the sprinkler system.

The policyholder has not made any claims but has significantly increased the value of the insured property through renovations.

The policyholder made one small claim for minor water damage caused by a burst pipe five years ago.

The policyholder has made two large claims in the past year: one for storm damage to the roof and another for a burst water pipe that caused significant interior damage.

Facultative reinsurance.

Quota share reinsurance.

Surplus treaty reinsurance.

Excess of loss reinsurance.

R 0.

R1 000 000.

R 800 000.

R  500 000.

The level of hazard under Fidelity guarantee insurance is judged by the levels of control in a business.

Fidelity guarantee insurance only provides cover against theft of money by employees.

The premium of Fidelity guarantee insurance is based on the sum insured and the number of employees.

Fidelity guarantee insurance is issued on a blanket basis, positions basis or named persons basis.

A crashed computer hard drive. 

A laptop was stolen from an unattended motor vehicle. 

Money, cheques, and coins.

A jacket torn while passing a gate on your way to work is excluded from All-Risk coverage

a,b,c,d

b,c,d

 a,b,d

a,d

a,b,c,d

b,c

b,c,d

 a,c,d

a,b,c,d

a,b

 a,b,d

a,b,c

cover for theft of accessories and spare parts of the motorcycle is provided.

the driver of a motorcycle is covered when driving his own as well as another motorcycle.

full cover for the motorcycle and passenger liability can be provided by adding a pillion passenger extension to the policy.

there is no cover for the motorcycle if a passenger is being carried on the motorcycle.

Automatically accepting the renewal terms offered by the existing insurer to avoid any disruption in coverage.

Encouraging the client to focus solely on the premium price when comparing different insurance options.

Recommending that the client switch insurers frequently to take advantage of introductory offers and discounts.

Proactively reviewing the client's current risk profile, identifying any changes and exploring alternative insurance solutions to ensure optimal coverage at a competitive price.