What are the four levels of motor cover?
•RTA only
•Third party only
•Third party, fire and theft
•Comprehensive
What is the legally required limit for third party property damage limit
£1.2m
What is the typical limit for third party property damage claism under a Motor Policy?
£2million
Four additions to RTA cover under a Motor third party only policy
•£20 million third party property damage
•Indemnity to passengers, employers, business partners
•Defence costs
•Use in any EU country
Three additions to third party only under a third party fire and theft cover
•Damage by fire lightning explosion
•Damage by theft
•Stolen and not recovered
Six typical exclusions undera motor comprehensive policy?
•Wear and tear
•Depreciation
•Loss or damage to spare parts and accessories
•Loss of use – can be purchased as add om
•Mechanical and electrical failure
•Tire damage
Six optional extensions under a motor comprehensive policy
•BREAKAGE OF GLASS
•PERSONAL BELONGINGS
•YOUNG ADDITIONAL DRIVERS
•LOSS OF USE FIXED AMOUNT PER DAY/COURTESY CAR
•PERSONAL ACCIDENT BENEFITS
•Foreign use above minimum
Six common motor exclusions
•Contractual liability
•War
•Use other than as specified
•Riot and civil commotion
•Terrorism
•Sonic bangs
Three items not usually covered under a motor cycle policy but covered under a car policy
•No automatic cover for accessories
•No personal accident cover
- No personal effects cover
Five common motor cycle policy extensions
•Accessories or spare parts
•Trailers
•driving other cycles
•More than one cycle
•Invalid carriages
Four types of commercial vehicles
Goods carrying
Passenger carrying
Agricultural and forestry
Special construction types
Six features of a commercial vehicle motor policy
•Limit £5m for liability for property damage
•Covers Liability whilst loading and unloading
•Indemnity to driver
•Indemnity to user for social domestic, pleasure
•Indemnity to passengers
•Covers legal costs
Five additional coverages found on a motor fleet policy
•Contingent liability
•Joint insured
•Occasional business use
•Roadside assistance
•Helplines
Type of policy that pays lump sum if a person suffers personal accident death or injury and a weekly benefit for up to 104 weeks if they are temporarily disabled due to an accident
Personal accident
Typical maximum period of weeks temporary total and temporary partial disablement payments will be made under a personal accident or sickness policy
104 weeks
Typical franchise period undera sickness policy?
7 days
Policy that covers in patitent and out patient treatment costs
Medical expenses
Two principal items covered under a Household policy?
Buildings
Contents
Typical maximum sum payable for theft of cash under a household policy?
£250
Typical maximum single article limit under a household policy
5-10% of sum insured
Four items typicaly excluded undera household policy
•Property more specifically insured
•Medals and coins
•Motor vehicles
•Livestock
Undera household policy theft cover might be restricted to what?
Theft followoing forcible or violent entry or exit to the premises
Four automatic extensions on the Contents section of a Household policy
•Temporary removal
•Clothing and personal goodsof servants
•Accidental breakage of mirrors and glass
•Loss of rent
Three extensions available for additional premium on a Household policy
•Accidental damage to entertainment equipment
•Accidental damage during removal
- Replacing keys and locks after loss of theft of keys
Typical liability limit under a Household policy
£1m or £2m
Eleven possible extensions to Household insurance
•All Risks away from premises
•Money
•Bicycles
•Freezer contents
•Caravans
•Small craft
•Sports equipment
•Personal accident
•Creditor insurance
•Domestic animals
•Legal expenses
Nine potential sections in a Travel policy
•Personal accident
•Medical expenses
•Loss of deposits
•Baggage and money
•Personal liability
•Delayed baggage
•Hospital cash benefits
•Travel interruption
•Travel delay
Five optional extensions under a Travel policy
•Failure of tour organizer
•Lack of hotel services following strike
•Loss of passport
•Legal expenses pursuing bodily injury claims
•Hazardous activities
Three typical exclusions under a Travel policy
•Pregnancy/childbirth
•Suicide
•Confiscated luggage
