IF3

This class was created by Brainscape user Thomas Peacock.

By:
Thomas Peacock
Start Studying

Decks in this class (14)

Module 1 - 5 MARKS
What is a contract 1,
What is needed for a contract to ...,
What does caveat emptor mean 3
23  cards
Module 2 - 15 MARKS
Why is a quotation used 1,
How long do quotations last befor...,
What are all the methods for uw t...
17  cards
Module 3 - 10 MARKS
What is legislation 1,
What is the basic structure of a ...,
What is the heading 3
17  cards
Module 4 - 3 MARKS
What are the three main elements ...,
What is the consumer principle 2,
What does it mean by cross cuttin...
12  cards
Module 5 - 3 MARKS
What are the four different level...,
What is rta cover 2,
What is third party only cover 3
30  cards
Module 6 - 3 MARKS
What is included in a standard fi...,
What are the exceptions from fire...,
What are the special perils that ...
39  cards
Module 7 - 2 MARKS
What are the benefits of using a ...,
What are the related services to ...,
What are the three steps of risk ...
4  cards
Module 8 - 13 MARKS
Which assessments does the insura...,
Why is commerical insurance more ...,
What are insurers concered with i...
13  cards
Module 9 - 10 MARKS
What are the 3 levels when it com...,
What of the total premium be expo...
2  cards
Module 10 - 5 MARKS
What ratios make up the cor 1,
What levies must insurers conside...,
What is the mib 3
4  cards
Module 11 - 6 MARKS
Blank 1
1  cards
Self-Test Questions
What information needs to be prov...,
What is meant by material info an...,
What facts do not need to be disc...
12  cards
Revision Mate
What is a standard exclusion for ...,
What is the limit of liabilty und...,
What is an arbiration clause 3
4  cards
Past Paper
What is the main consequence of a...,
At the renewal of an insurance po...,
Who pays insurance premium tax 3
18  cards

More about
IF3

  • Full test name Unspecified
  • Test acronym Unspecified

LO1 Understanding the material circumstances relating to the insurance uw process - 5 Marks LO2 Understand uw procedures relating to the insurance uw process- 15 LO3 Understand insurance policies in relation to the insurance uw process- 10 LO4 Understand renewals and cancellation in relation to the insurance uw process- 3 LO5 Understand personal insurance in relation to the insurance uw process- 3 LO6 Understand commercial insurances in relation to the IUWP- 3 LO7 Understand the main support type insurance services available-2 LO8 Understand uw consideration in relation to the IUWP- 13 LO9 Understand the principles and practices of pricing- 10 LO10 Understand pricing factors within the context of the IUWP- 5 LO11 Understand managing exposure within the context of the IUWP- 6

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

IF3
  • 11 decks
  • 486 flashcards
  • 98 learners
Decks: 1 Material Information, 2 Underwriting Procedures, 3 Insurance Policies, And more!
CII IF3
  • 11 decks
  • 489 flashcards
  • 166 learners
Decks: Chapter 1 Material Information, Chapter 2 Underwriting Procedures, Chapter 3 Insurance Policies, And more!
Find flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2026 Bold Learning Solutions. Terms and Conditions