General Knowledge
When was AGIC formed?
1964
The chance something harmful or unexpected could happen.
What is a risk?
Personal injury claims are divided into two categories. What are they?
Special damages and general damages
What does JPP stand for?
Jamaica Progressive Party
Mark Thompson
What does the Uninsured Motorist Rider cover
protect the status of your policy, in the event of an accident where the other driver is at fault and has no insurance coverage.
What are ex-gratia payments?
A voluntary payment made by the insurer in response to a loss for which it is not technically liable under the terms of its policy
What is the instagram handle for AGIC?
advantage_general
Who is Tricia Tomlinson?
Human Resources Manager
Accident forgiveness offers benefits to?
All policyholders who are claim free and earning 70% NCD over 1 year
The insurance company will only restore the policyholder to their original state in the event of a loss. This defines?
Indemnity
How many new confirmed covid cases were there on August 23rd?
116
Who is the head of the VPT?
Joni Ming
Name three types of Motor Trade policies
Road risks, internal/ premises and combined road and garage risks
What is contribution?
The principle holding that two or more insurers each liable for a covered loss should participate in the payment of that loss.
What is the name of the tropical storm that recently hit Haiti?
Laura
What is AGIC's core values?
Integrity, Accountability, Customer Centricity and Respect
What is the Protected No Claim Discount?
A benefit that allows No Claim Discount to be protected at an additional charge once the Insured has three (3) years and more no claim discount to protect. In the event of a claim claims loading may be applied
Define Proximate Cause?
The cause having the most significant impact in bringing about the loss under a first-party property insurance policy, when two or more independent perils operate at the same time (i.e., concurrently) to produce a loss.
Which community did the JLP promise to make a parish?
Portmore