Basics of Insurance Contracts Quiz

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By SensibleMonkey

Quiz

Flashcards

15 Questions

Who is the person seeking protection against certain risk in an insurance contract?

What is the main obligation of the insurer in an insurance contract?

What is the role of the beneficiary in an insurance contract?

Which party is responsible for granting the sum insured if the risk occurs in an insurance contract?

What is the insurance system obligated to do according to Article 747 of Civil code?

True or false: The insurance system is obligated to pay a sum of money to the insurer in the event of an accident, as stated in Article 747 of the Civil code?

True or false: The beneficiary in an insurance contract is always a juridical person?

True or false: The insured in an insurance contract is always a natural person?

True or false: The insurer is responsible for seeking protection against certain risks in an insurance contract?

True or false: The sum insured is granted by the insured in case the risk insured against occurs?

Explain the definition of an insurance contract according to Article 747 of the Civil code.

Who is the insured in an insurance contract and what is their role?

What is the role of the insurer in an insurance contract?

Explain the role of the beneficiary in an insurance contract.

Who is responsible for seeking protection against certain risks in an insurance contract?

Description

Test your knowledge on insurance contracts with this quiz that covers the definition and basics of insurance contracts as outlined in Chapter 1, Section 1.

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