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QUIZ

Insurance 101 Quiz? Let’s do it.

Educating our clients on insurance is a top priority, as informed clients make better decisions. By empowering you with knowledge, we strive to build lasting relationships based on trust and transparency.

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Our Client Education Quizzes

Think you can out smart these insurance questions??
Hmm, let’s see if you can?
Click on each of the sections for different insurance categories.

Insurance 101

Insurance 201

Life Insurance 101

Fun

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1 votes, 5 avg
10

Personal Insurance Quiz 101

10 Quick, easy home and car insurance quiz questions to help you unlock how it works by increasing your knowledge.

1 / 10

Why do I need car insurance?

2 / 10

What does household contents generally cover?

3 / 10

What type of cover do I need to take out for vehicle for mechanical and electric breakdown?

4 / 10

Is it necessary to have a tracking device?

5 / 10

Why does my premium go up if the value of my car should be depreciating?

6 / 10

What happens when my insured assets are damaged by riots and political strikes?

7 / 10

Insurance quotation are generally valid for how long?

8 / 10

How long do I have to report an accident to the police to claim for insurance?

9 / 10

My premium is calculated based on?

10 / 10

Why is insurance known as a grudge purchase?

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1 votes, 5 avg
2

Personal Insurance Quiz 201 - Intermediate

10 Intermediate level, random quick, easy home and car insurance quiz questions to help you unlock how it works by increasing your knowledge.

1 / 10

Gary goes to work on a Friday, he ends up staying after work with his colleagues and they have a few drinks. He leaves work at 11pm and heads home. As he is passing the robot, a guy who is highly intoxicated skips the red robots and knocks into Gary. Gary and the other driver are not injured however upon the police arriving they test them both for alcohol and both Gary and the other driver are arrested because of their alcohol levels. Will the insurer pay for the damages to fix Gary's car?

2 / 10

What happens if I had a burglary at my home 2 years ago and I didn’t tell my current insurer about it when I took out home contents cover?

Under insurance is calculated using average. Average is calculated using the below formula:
Average = (Sum Insured Amount) / (Actual Replacement Amount ) x (Claim Amount)
Once you have worked out the average amount you need to minus the excess and it will give you the total amount that an insurer will payout.

3 / 10

My contents is covered for R100 000 with a basic excess of R2 000. Someone breaks into my house and steals contents to the value of R50 000. I submitted a claim, the insurer advises that I am under insured.

My contents is actually worth R250 000. How much will I be paid out?

4 / 10

What is the function and purpose of insurance?

5 / 10

Do I really need to disclose the colour of my vehicle for insurers to calculate my premium?

Under insurance is calculated using average. Average is calculated using the below formula:
Average = (Sum Insured Amount) / (Actual Replacement Amount ) x (Claim Amount)
Once you have worked out the average amount you need to minus the excess and it will give you the total amount that an insurer will payout.

6 / 10

My contents is covered for R100 000 with a basic excess of R2 000. Someone breaks into my house and steals all my contents. I submitted a claim, the insurer advises that I am under insured.

My contents is actually worth R250 000. How much will I be paid out?

7 / 10

Why is it important to disclose true information to insurance companies?

8 / 10

What is SASRIA cover?

9 / 10

I have contents and building insurance with A Insurers and I am covered for R1 000 000 for my building and R250 000 for my contents cover.

I have a zero excesses on both covers. After validating my claim due to a fire, I am advised that I am under insured for both my contents and building.

The replacement value for my building is R2 500 000 and my contents is R325 000. How much will I be paid out?

Under insurance is calculated using average. Average is calculated using the below formula:
Average = (Sum Insured Amount) / (Actual Replacement Amount ) x (Claim Amount)
Once you have worked out the average amount you need to minus the excess and it will give you the total amount that an insurer will payout.

10 / 10

My home burns down and I have building cover for R2 000 000. After validating the claim, we realise that the cost to replace my home is actually R2 400 000.

I have an excess of R10 000. How much will the insurer pay me out?

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0

Life Insurance Quiz 101

10 random quick, easy life insurance quiz questions to help you unlock how it works by increasing your knowledge.

1 / 10

Is it necessary to have a Will, in case I die?

2 / 10

Will my life cover automatically cancel when I reach my retirement age?

3 / 10

Can a beneficiary in my will also act as a witness and sign my will?

4 / 10

With death cover, is there a waiting period for suicide?

5 / 10

Do insurers offer an monthly disability income benefit instead of a lump sum amount?

6 / 10

When is the best time to take out Life Cover?

7 / 10

I bought a house last month, the bank has advised that I need to have life cover which is the same amount as my bond amount but I don’t understand why I need this cover?

8 / 10

Why is Life Cover important to have?

9 / 10

Why do insurers want to know if I am a smoker or not when taking out life cover?

10 / 10

What would happen if I don’t disclose to the insurer upfront that I once had a heart attack when I was really young?

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1 votes, 3 avg
1

Are you truly South African? Let’s see how well you know your SA slang!

Known as South Africanism....we have many official languages and yes we sommer combine them to keep things interesting...

1 / 10

Let's wai "pozie"

2 / 10

"Jislaaik" (yis-like)

3 / 10

"Bunny chow"

4 / 10

You "chop"

5 / 10

Yus what went down this arvie was slightly awkies hey, I mean naught bru, that dude was gnarly

6 / 10

Kief?

7 / 10

"Is it" "Iz-It"(Is that so)

8 / 10

My "stekkie"

9 / 10

Shame?

10 / 10

"Droewors" (droo-ah-vors)

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