◈ Oracle PrepSign Up Free
O-LevelCommerceInsurance7100/11 · Oct/Nov 2018 · Q281 Mark

What are regular payments to insurance companies called?

Acompensation
Bdividends
Cinterest
Dpremiums

✓ Correct answer

D: premiums

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Insurance and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2018 Paper 1 Variant 1, question 28.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Commerce questions

InsuranceMay/June 20101m

What is the role of an insurance broker?

InsuranceMay/June 20111m

Mr Gabriel owns a clothing company. Why should he insure his factory?

InsuranceMay/June 20111m

What does the insurance principle of indemnity mean?

BankingMay/June 20151m

A cheque that is crossed

CreditMay/June 20151m

Jenni has decided to pay for her holiday air flight tickets by using her credit card. What is the advantage of paying…

BankingMay/June 20151m

Sanjay purchased a washing machine from Coolray Ltd. He paid the full amount online through the company's website. Wh…

← Browse all past-paper questions

© 2026 Oracle Prep