Chapter 4

Question 1

Travel insurance limits

Personal accident:

Answer 1

£25-50k

Death under 16 -£1-2k

Question 2

Travel insurance limits

Medical and associated expenses

Answer 2

£2m-£10m but limited to
£1k in UK
£250 for additional expenses of those delayed

Question 3

Travel insurance limits

Cancellation or curtailment

Answer 3

£2,500-£6,000

Question 4

Travel insurance limits

Baggage, personal effect and money

Answer 4

Overall limit £1k-£2,500 per person single item limit of £300

Money overall £100-£500
Cash limit £300

Question 5

Travel insurance limits

Personal liability

Answer 5

£1m-£5m

Question 6

Caravan cover overseas in EU limit?

Answer 6

60-240 days

Question 7

Caravan personal accident cover amount if anyone is killed or disabled as a result of an accident?

Answer 7

£50,000

Question 8

Caravan legal liability limit?

What exclusion apply to liability?

Answer 8

£2m
Damage to property belonging to or in custody of insured
And
Injury or damage while towing the caravan
Liability for injury to employees also excluded

Question 9

What is the difference between single and annual multi trip travel insurance?

Answer 9

Single trip: arranged each time trip is taken for maximum of 4 months
Annual: policy for 12 months. Limit per trip of 31-90 days and some insurers also apply a limit per year of 120 and 183 days

Question 10

What are the 5 basic sections of cover for travel insurance

Answer 10

Personal accident benefit 
Medical and associated expenses
Baggage, personal effects and money 
Personal liability 
Loss of deposits and other charges due to cancellation or curtailment of the holiday

Question 11

In travel insurance the definition of money includes what?

Answer 11

Cash , bank and currency notes , cheques, postal and money orders travellers cheques, travel tickets and petrol or credit vouchers

Question 12

In addition to the basic level of cover for travel insurance what are some extensions that can be provided?

Answer 12

Hospital cash benefit, delayed baggage, missed departure, travel delay, hijack and mugging, loss of passport, legal expenses, business travel, winter sports, catastrophe or disaster cover and airspace closure cover

Question 13

What are the typical exclusions on a pet policy

Answer 13

Vaccinations, preventative treatment, pregnancy, spaying And castration unless for medical reasons, medical conditions diagnosed prior to inception and any claims arising within the first 14 days of cover

Question 14

What is the cover amount for accidental death and death from illness on a pet insurance policy?

Answer 14

Insurers will reimburse the animals purchase price in the event of death or death through illness a limit between £600 and £1000 is applicable

Question 15

What is the cover included on a pet insurance policy for loss by theft or straying?

Answer 15

Insurers will reimburse and animals purchase price if lost or stolen and not recovered within 45 days. A limit of £600-£1000 is applicable.
Insurers also cover advertising costs up to £2000

Question 16

What is the cover amount for hospitalisation of the owner under pet insurance plan?

Answer 16

This covers the cost of kennels and cattery fees whilst the owner is hospitalised for more than four days. A policy limit of £600-£1000 applies

Question 17

What is the policy limit for third-party liability under pet insurance plan?

Answer 17

£1 million-£3 million applies if the insured animal kills or injures a third party or damages the property

Question 18

What is the policy limit for holiday cancellation under pet insurance plan?

Answer 18

This covers lost deposit and other non-recoverable payments were a holiday is cancelled or cut short due to the insured animal going missing will be coming ill and requiring immediate life-saving surgery. Cover is provided for £5000

Question 19

What is the policy limit for veterinary fees on horse insurance policies?

Answer 19

This section typically pays between £1500 and £5000
Fees relating to mares in foal or to cosmetic and preventative treatments are excluded
Cover is usually provided on a 12 month basis after that period the horse will no longer be covered for the treatment of the illness or injury

Question 20

What is the policy limits for dental treatment under horse insurance?

Answer 20

Following a riding accident the insurance will pay up to £1000

Question 21

What is the policy amount for “hire of a replacement horse” under the horse insurance policy?

Answer 21

In connection with a claim for theft or straying up to £1000, subject to a limit per week of £25

Question 22

What cover is provided for saddles, bridles Or other riding tack on a horse policy?

Answer 22

Discovers loss or damage by any accidental cause up to £1500, subject to a single item limit of £500. Loss or damage well-kept at any commercial riding establishment is excluded

Question 23

What is the policy limit for personal accident cover under a horse policy?

Answer 23

Accidental bodily injury to the rider (including persons riding with permission of the rider) while riding the insured horse are up to £20,000 for death, loss of limbs or eyes and permanent disablement. Benefits are halved for riders under 16 years of age

Question 24

What are the benefits to having a standalone mobile phone insurance as opposed to a home insurance policy?

Answer 24

There may be a larger XS on the home insurance policy
Claiming on a household policy could affect no claims bonus
House or policies do not cover for fraudulent calls and downloads if the phone is lost or stolen
Not all household insurance will pay to replace lost music and apps