O-LevelCommerceInsurance7100/12 · May/June 2023 · Q271 Mark

A sole trader wishes to insure their van. What would affect the premium charged?

Aengine capacity of the van

Bnumber of vans using the roads

Clifestyle of the van driver

Dvolume of goods the van can carry

✓ Correct answer

A: engine capacity of the van

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Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2023 Paper 1 Variant 2, question 27.

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