O-LevelCommerceInsuranceMay/June 2022Paper 1 Q291 Mark
A government has published last year's figures for burglaries. regions number of burglaries per 1000 homes north 35 south 3 east 9 west 22 This information is useful to insurance companies in this country because it helps them to
Acalculate the premiums they charge for household insurance.
Bcalculate their costs for household insurance.
Cdecide in which region to locate their headquarters.
Ddecide in which regions to offer public liability insurance.
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of insurance within the Commercesyllabus. The examiner's mark scheme requires...
📋 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...
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