According to Department for Transport figures, what percentage of young drivers can expect to have an accident within 12 months of passing their driving test?
A – 25%
B – 20%
C – 50%
D – 10%
B: DfT figures suggest there are around 1,700 road deaths per annum, with drivers aged 17-25 accounting for only 12% of drivers but 25% of road deaths. One in five young drivers has an accident within 12 months of passing their driving test.
Which of these sums represents the contribution to the UK’s gross domestic product made by the key classes of business written in the London market each year?
A: £29 bn B: £10 bn C: £15 bn D: £50 bn
Which of these methods explains how a periodic payment for a personal injury claim is typically funded?
C: The income may be funded directly from an insurer's reserves or by the purchase of an annuity.
4B: Future loss of earnings is an award made to compensate claimants for the loss of earnings they are likely to sustain going forward after the date of settlement, as a result of their injury. Therefore, the date they start to accrue is the date of settlement or trial date.