Consumer Rights
What is a consumer?
Someone who buys GOODS OR SERVICES for THEIR OWN USE.
What is globalisation?
How countries around the world exchange goods, services and ideas.
What planet is known as the red planet?
Mars
The fee paid by the insured to the insurer is called a .....
Premium
This is the largest land animal on Earth.
Elephant
What principle of insurance says that you cannot profit from insurance?
Indemnity
Two ways to be a good consumer?
Know your rights and responsibilities.
Shop around and compare quality and price.
Be informed to avoid buying on impulse.
Be aware of how goods and services you choose impacts people and the environment.
Explain two ways how has globalisation impacted the consumer?
Gives consumers more choice.
Global products can be bought easily.
Global products are cheaper than locally produced items.
You may be more familiar with global products because of advertising.
You are influenced by different cultures because of global communication which can effect what you consume
How many continents are there?
Seven
The application form for insurance is called the....
Proposal form
This is the longest river in the world.
River Nile
What principle of insurance says you have to be 100% truthful on the application form?
Utmost Good Faith
Two types of proof of purchase
Receipt
Order Confirmation
What are two benefits of globalisation?
More choice for consumers.
Share new ideas, experiences and cultures.
Global businesses pay taxes to the government which they operate in.
Creates employment.
Irish businesses have access to a wider market.
Who wrote the Harry Potter book seris?
J.K Rowling
Covers damage to or theft of the items inside the house. For example electronics, furniture and valuable items
Contents Insurance
This planet is known as the 'Red Planet'.
Mars
This principle of insurance means if you have two or more insurance policies covering the same thing, the insurance companies will share the cost of paying for the damage.
Contribution
What is the name of the consumer law that talks about what goods and services should be?
Sale of Goods and Supply of Services At 1980
What are two disadvantages of globalisation.
Environmental impact.
Cities and towns are loosing their unique culture.
Large global businesses can abuse their power in the country they operate in.
Can lead to inequality- make rich countries richer and keep the poorer ones poor.
Hard for Irish businesses to compete with gloabl ones.
Global movement means disease can be spread quicker.
THIS PERSON HAS A PET MONKEY NAMED ABU
Only covers damage to the other driver's car in the event of an accident. It also covers the policy holder if their car is stolen or fired damaged.
Third Party Fire and Theft Insurance
This famous ship sank after hitting an iceberg in 1912.
The Titanic
This is the process where an insurance company, after paying you for a loss, tries to get the money back from the person who caused the damage
Subrogation
What is the name of the consumer act that talks about false or misleading advertising?
Consumer Protection Act 2007
What does ethics mean?
Acting based on whether something is right or wrong.
What do you call an animal that only eats plants?
Herbivore
This principle of insurnace states you can only insure something when you suffer from its loss or gain from its existnace.
Insurable Interest
This yellow fruit is famous for being rich in potassium.
Banana
This is the type of insurance that helps pay your medical bills if you get sick or hurt
Health insurance