Qudratova feruza

QUDRATOVA FERUZA

MM-55I

TOPIC 1

1. Which of them is considered as the immaterial factor?

A) Damage for property

B) Psychological problem with customer

C) Lack of responsibility

2. Which do not include in risk’s state?

A) Risk’s state - factors affecting the level of risk

B) Give all the risk states to the insurer to evaluate the risk

c) Risks are evaluated by Insurers and Customers

3. Which of them is not considered as the process of underwriting?

a) Take an application for insurance

b) Collect all information about damage

c) Evaluate them

4. Which is not considered as the type of risk evaluation?

a) standard

b) average

c) zero

5. Which of them is the feature of UNDERWRITING?

a) Make a contract

b) Give advice for interested people in a low level

c) Evaluate the damage

TOPIC 2

6. At the simplest level, insurers do not sell a physical product such as soap or cornflakes: so their product is classified as ………… in terms of international trade.

a) a visible activity

b) an invisible activity

c) a defined activity

7. The insurer sells a ………… to the insured. The validity of the contract will only be proven at a future time.

a) premium

b) premise

c) promise

TOPIC 3-4

8. Which of them is not included in the declaration?

a) Exclusion

b) Limit

c) Coverage

9. ……….. is the insurance of motor transport vehicle from damage, theft, or thievery.

a) premium

b) casco

c) deductible

10. …………..is the amount that you must pay out of your own pocket before the insurance company will begin paying towards any covered expenses.

a) indemnity

b) deductible

c) premium

11. What time period deductible should be paid?

a) once per year

b) once per quarter of the year

c) once per month

12. Which of them requires you to pay a set fee for a specific visit?

a) deductible

b) premium

c) co-pay

13. Who can save your money and they will usually accept direct payment from your insurance company?

a) insurer

b) provider network

c) adjuster

14. What is the average cost for a particular treatment in a particular geographic area. It is the amount that insurance companies use to describe the limit on how much they will pay for covered expenses?

a) URC

b) Co-pay

c) Deductible

15. ………….include any injury or illness that you may have prior to getting the insurance plan.

a) Repatriation of Remains

b) Pre-existing Conditions

c) URC

16. ………… the maximum amount an insurer will pay under a policy for a covered loss.

a) Insurance Limit

b) Premium Limit

c) Policy Limit

17. What is another term for POLICYHOLDER?

a) insurer

b) insured

c) carrier

TOPIC 5-6

18. Which activity is not included when a relationship occurs between the Customer and Insurance company?

a) Responsibilities

b) Re-insurance

c) Contract

19. Which relationship includes Law about “Insurance activity”?

a) Between insurance company and special state organs

b) Between people and special state organs

c) Between Customer and Insurance company

20. “Insurance activity” on March 17, 2002, “Civil responsibility of employer” March 17, 2009 - ……

a) general laws

b) special laws

c) special and general laws

21. …………. - no seizure of property, no tax

a) general fond

b) reserve fond

c) special fond

22. Which is not the process of mandatory insurance?

a) Making a contract

b) Amount of indemnity by government

c) Enforce for mandatory insurance

23. Which is important in an insurance contract?

a) Characteristics of the risk

b) Characteristics of the damage

c) Amount of co-pay

24. When is an insurance contract defined as a fake contract?

a) If there is a clearly defined object

b) If there is a private property whose owner is legally owned

c) If there is no risk possibility and suddenness (sport)

TOPIC 7

25. Why Insurance should be controlled by the government?

a) as there are conflicts between the state and the assured

b) as there is monopoly

c) as its activity is shortened

26. Which of them is not the task in controlling the insurance market in Uzbekistan?

a) Checking whether one can afford the payment or not

b) Providing clarity and quality of insurance service

c) Helping to prevent damages

TOPIC 8

27. Which of them are the requirements of licensing insurers and brokers?

1)to follow all regulatory documents about “Insurance activity”;

2)to provide security of information;

3)to give all necessary documents to licensing organization;

4) to check whether one can afford the payment or not

5)to have qualifications according to defined requirements (for General director and main accountant);

6) not to be a director in another insurance company;

7) to provide clarity and quality of insurance service

a) 1,2,4,5,7

b) 1,2,3,4,7

c) 1,2,3,5,6

28. Which of them is a true statement?

If there is no answer after the insurance company applied for getting a license….

a) Start insurance activity

b) By informing in a written form

c) License in 7 working day

29. How much money is paid for the license fee?

a) two times of basic calculation amount

b) five times of basic calculation amount

c) three times of basic calculation amount

TOPIC 10

30. Find percentages of Netto calculation (Reserve for indemnity) and Insurance activity expenses in Brutto calculation.

a) 50-85% and 15-50%

b) 60-95% and 5-40%

c) 70-90% and 10-30%

31. ……… - a professional who specializes in the field of analyzing financial risks.

a) adjuster

b) audit

c) actuary

TOPIC 11

32. How many branches have in general insurance?

a) 4

b) 17

c) 20

33. What is the minimum period of Life insurance?

a) at least 1 year

b) at least 2 years

c) at least 6 months

34. Which type of life insurance refers to these features (According to the subject of life insurance)?

• 
  Accumulative pension insurance
  
• 
  For 13 months
  
• 
  With interest
  

a) Life insurance for a specified period

b) Mixed

c) Life insurance for mortality

35. Find branches of life insurance.

a) Life and annuities, Insurance from accident

b) Insurance for a long period, Insurance from illnesses

c) Life and annuities, Insurance for a long period

36. When Marriage and Birth insurance is not given?

a) When you are getting married

b) When you have a child

c) When you have a divorce

TOPIC 12

37. …….. - protects the physical goods and the equipment

a) property insurance

b) auto insurance

c) life insurance

38. Fire, Natural disaster, Technical damage, Illegal action of the third parties. What are these?

a) risk types

b) damage types

c) unexpected actions

TOPIC 13

39. Indemnity paid for:

Life and health X %

Technical expenses Y %

a) X=65 Y=35

b) X=75 Y=25

c) X=55 Y=45

40. Traffic accident report should be …..?

a) regulated by the government

b) mandatory

c) optional

41. When there is no insurance for the following transports?

a) Transports moving by human power

b) According to the owner of the automobile (With 4 wheels and works with gas or oil)

c) Minimum speed – more than 20km per hour

42. Find the annual base rate for vehicle owners.

1-Cars

2-Trucks

3-Buses

4-Tram, motorcycle, tractor

I-0,12

II-0,04

III-0,1

a) 1-II, 2-I, 3-I, 4-III

b) 1-III, 2-I, 3-I, 4-II

c) 1-III, 2-I, 3-II, 4-II

43. YOU want to do insurance for your car. You live Tashkent region. Your car’s driver is only you. You occurred two risks in the previous year. Your car’s value is 80 mln soum. Calculate insurance payment for your car!

a) 200 000 soum

b) 224 000 soum

c) 280 000 soum

44. A foreigner wants to do insurance for his motorcycle for 2 months. His motorcycle value is 25 mln soum. Calculate insurance payment for this motorcycle!

a) 2000 soum

b) 4000 soum

c) 10000 soum

TOPIC 14

45. If a worker died suddenly at work as a result of working activities, how much money would be given to her/his family?

a) 5 times of basic calculation amount

b) 7 times of basic calculation amount

c) 3 times of basic calculation amount

46. Which of them is a true statement?

a) When workers are injured only inside of the company at the work, it would be Employer’s civil liability insurance.

b) When workers are injured only outside of the company at the work, it would be Employer’s civil liability insurance.

c) When workers are injured outside and inside of the company at the work, it would be Employer’s civil liability insurance.

47. If the company wants to do insurance according to Employer’s civil liability insurance, there is a contract between ……

a) employer and insurance company

b) employee and insurance company

c) employer and employee

48. If the government changes tariffs for the next year, but the contract is signed according to previous legal document’s tariffs, the tariffs should ……

a) change

b) not change

c) it is up to the insurance company

49. Period of the insurance contract for Employer’s Civil Liability should be….

a) 1 year

b) Less than 1 year

c) a and b answers are true

50. Which government organization sets the coefficient of Insurance tariffs?

a) The Cabinet of Ministry

b) The Ministry of Finance

c) Insurance Market Development Agency