Insurance & Compliance Quiz

Froggy Jumps

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Test your knowledge on business insurance and procedures.

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Amanda

Australia

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Froggy Jumps Insurance & Compliance QuizOnline version Test your knowledge on business insurance and procedures. by Amanda 1 Which insurance is legally required for businesses to operate in Australia? a Product liability insurance b Public liability insurance c Compulsory third party bodily injury insurance for motor vehicles 2 Which is NOT typically considered an optional insurance? a Public liability insurance b Worker's compensation c Professional indemnity 3 Which insurance protects a business from claims of injury or damage by a customer? a Public liability insurance b Product liability c Disability insurance 4 Which insurance is advised for professionals providing advice or services? a Professional indemnity b Burglary insurance c Property insurance 5 Who pays the premium for Worker’s compensation in Australia? a Employer b Employee c Government 6 What is the main purpose of a product liability policy? a Cover marketing losses b Cover office overheads c Cover claims from goods causing injury or damage 7 Which is a step in implementing compliance procedures? a Terminate b Ignore c Plan 8 During implementation, what is a key strategy to ensure success? a Skip evaluation b Pilot testing and training c Remove staff 9 What should you do after a new procedure is implemented? a Ignore feedback b Evaluate if it meets compliance requirements c Delete the old procedure 10 Where can a business owner buy insurance from? a Only from banks b Only from government agencies c Directly from a company or via brokers/agents

Froggy Jumps

Insurance & Compliance QuizOnline version

Test your knowledge on business insurance and procedures.

by Amanda

Which insurance is legally required for businesses to operate in Australia?

Product liability insurance

Public liability insurance

Compulsory third party bodily injury insurance for motor vehicles

Which is NOT typically considered an optional insurance?

Public liability insurance

Worker's compensation

Professional indemnity

Which insurance protects a business from claims of injury or damage by a customer?

Public liability insurance

Product liability

Disability insurance

Which insurance is advised for professionals providing advice or services?

Professional indemnity

Burglary insurance

Property insurance

Who pays the premium for Worker’s compensation in Australia?

Employer

Employee

Government

What is the main purpose of a product liability policy?

Cover marketing losses

Cover office overheads

Cover claims from goods causing injury or damage

Which is a step in implementing compliance procedures?

Terminate

Ignore

Plan

During implementation, what is a key strategy to ensure success?

Skip evaluation

Pilot testing and training

Remove staff

What should you do after a new procedure is implemented?

Ignore feedback

Evaluate if it meets compliance requirements

Delete the old procedure

Where can a business owner buy insurance from?

Only from banks

Only from government agencies

Directly from a company or via brokers/agents

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Insurance & Compliance Quiz

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Insurance & Compliance QuizOnline version

by Amanda

Which insurance is legally required for businesses to operate in Australia?

Which is NOT typically considered an optional insurance?

Which insurance protects a business from claims of injury or damage by a customer?

Which insurance is advised for professionals providing advice or services?

Who pays the premium for Worker’s compensation in Australia?

What is the main purpose of a product liability policy?

Which is a step in implementing compliance procedures?

During implementation, what is a key strategy to ensure success?

What should you do after a new procedure is implemented?

Where can a business owner buy insurance from?

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