Liability Insurance

An informative and engaging illustration depicting different types of liability insurance, with symbols representing property damage, bodily injury, and insurance professionals, in a clear and professional style.

Liability Insurance Quiz

Test your knowledge on liability insurance with our engaging quiz! Whether you're a professional in the field or just interested in understanding the basics, this quiz will help you learn about various aspects of liability insurance.

Key Topics Covered:

  • Types of liability
  • Understanding damages
  • Real-life scenarios
  • Insurance terminology
10 Questions2 MinutesCreated by AssessingRisk294
All are basic requirements for Legal Liability except
Violation of claimant’s rights
Collision
Wrongful Act or Omission/Legal Wrong
Damages
Juan Dela Cruz accidentally hits the mailbox of Luis, what type of damage is this?
Bodily Injury
Property Damage
Financial Loss
Legal Expenses
While on the course of his ordinary work routine, Richard accidentally injures a pedestrian. What type of damage is this?
Bodily Injury
Property Damage
Financial Loss
Legal Expenses
Which of the following is NOT a type of liability?
Motor Third Party Liability
Professional Liability
Non-Professional Liability
Personal Liability
Luis intentionally destroyed Luigi's car. Is his actions covered under a Liability insurance?
Yes, because that's what Luigi deserves
No, because the cause of the loss is not an accident
Yes, because you should always vent out your anger to other people.
No, because the police should settle it.
Type of damage which covers loss of reputation
Personal Injury
Bodily Injury
Financial Loss
Legal Expenses
What does CPL means?
Common Personal Insurance
Capital Prosperity Insurance
Comprehensive Personal Insurance
Comprehensive Personality Liability
All are types of liability insurance except
Products Liability
Directors & Officers Liability
Professional Liability
Marine Liability
What does D&O means?
Derivatives & Operation
Driving & Occupation
Directors & Official
Directors & Officers
______ liability insurance is for business owners
General
Motor Third Party
Personal
Professional
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