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O-LevelCommerceInsuranceMay/June 2014Paper 1 Q311 Mark

Four people work in the insurance industry. [Figure 31.1 - Four separate diagrams each showing a person with a speech bubble describing their role.] Which person would be working as an insurance broker?

AI assess the policies of several companies and advise my clients on the best for their needs.
BI decide whether or not my company should accept the risk given on the proposal form.
CI inspect goods and properties after a claim to see if the claim is valid.
DI work for Starlight Insurance. I sell their policies and I am paid a salary.

✓ Correct Answer

The correct answer is A: I assess the policies of several companies and advise my clients on the best for their needs.

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Commerce Question

Topic

This multiple-choice question tests Insurance in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce May/June 2014 examination, Paper 1 Variant 2.

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