Underwriting
What is the primary purpose of underwriting in insurance?
To evaluate the likelihood of a loss and determine appropriate policy terms and pricing
What year did Liberty Mutual start as a business?
1912
Why is the mascot named “LiMu Emu”?
LiMu" is short for Liberty Mutual and rhymes with Emu
Which term refers to the amount the insured must pay out-of-pocket before insurance coverage begins?
Deductible
What was Liberty Mutual originally called when it was founded in 1912?
Liberty Fire Insurance Company
In what year did LiMu Emu and Doug first appear in Liberty Mutual commercials?
2019
What Protection Class is generally considered the best?
PPC 1
What type of insurance product did Liberty Mutual first offer?
Workers' Compensation
What is Doug's mission in the commercials?
Help people avoid paying for insurance coverage they don't need.
What is an underwriter's favorite phrase?
It depends
Which Seattle-based insurance company became part of Liberty Mutual in 2008?
Safeco
True or False: LiMu Emu is a real talking bird used in the commercials.
False
What scares underwriters most?
Missing information!
Liberty Mutual helped pioneer which safety innovation in 1946?
Emergency Escalator Stop Switches
What is the name of the new Liberty Mascot?
Liberty Biberty