Insurance | Baamboozle - Baamboozle | The Most Fun Classroom Games!

0%

0 0 0

Name 3 types of car insurance

Third party, third party fire and theft, comprehensive

True or false- USC is only paid by people earning over a certain amount

True

A form used to collect information from the applicant so the insurer can decide whether to offer insurance and at what price.

Proposal form

What is the current standard rate of VAT in Ireland

23%

LIs two pieces of advice for someone looking for car insurance

Shop around, consider being a name driver on a parents car, drive a small car,

What does USC stand for

Universal social charge

What does PRSI stand for?

Pay related social insurance

Name the 5 main principals of insurance

Utmost good faith, insurable interest, indemnity, contribution & subrogation

Name two taxes paid by businesses

Corporation tax, VAT

What tax is added to the cost of petrol and diesel?

Carbon tax

Name two taxes paid by employes

PAYE & PRSI

Explain utmost good faith

You must tell the trust and give all relevant information when applying for insurance

Name three types of personal insurance

Motor, health and travel

What does PAYE stand for

Pay as you earn

Name the government body responsible for collecting tax in Ireland

Revenue commissioners

What is DIRT paid on?

Savings

A document that proves you have insurance and outlines the key details of the policy is what?

Insurance certificate

Who pays PRSI?

Workers

What have the government done to be more sustainable- a tax

Plastic bag levy

You can only insure something you benefit from financially

Insurable interest