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• 

  CGI Set A

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  4 Feb 2026
  ComGI Mock Question:

  If a motor vehicle cannot be restored to a safe pre-accident condition and the total repair costs exceeds the Economic Repair Value, the insurer will have the option to settle the claim on a:

  a) Constructive Total Loss Basis

  b) Repair Discharge Basis

  c) Disabled Vehicles Basis

  d) Damage Limit of Indemnity Basis

• 

  BCP Set C

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  4 Feb 2026
  BCP Mock Question:

  Which of the following is a method to use such that a risk and its potential financial consequences can be transferred to another party without the use of insurance?

  a) Risk transfer

  b) Risk pooling

  c) Non-insurance transfer

  d) Non-insurance pooling

• 

  CGI Set B

  $14.90 Add to cart

   
  4 Feb 2026
  ComGI Mock Question:

  Which of the following terms correctly describes a situation where an individual who is liable for an accident is under the control of some other person or organization, and who, therefore, transfers liability to that party in control?

  a) Strict Liability

  b) Absolute Liability

  c) Vicarious liability

  d) Negligence

• 

  PGI Set A

  $14.90 Add to cart

   
  4 Feb 2026
  PGI Mock Question:

  Which of the following statements regarding Blanket Coverage is FALSE?

  a) The insurer will pay the amount required to repair or replace the article less depreciation

  b) The insurer will not pay more than the amount of blanket coverage in the category

  c) The insurer will not pay more than the amount of blanket limit per item for loss to any one article

  d) The insurer will pay the insured in cash the replacement cost of the article if mutually agreed upon