Which of the following is a requirement for a client to be treated as a professional client?
A – It is essential that no advice is given. It is essential that no advice is given.
B – The client refuses to disclose information to you.
C – The client must confirm their agreement in writing.
D – The professional client basis will apply to all new investment business.
C: A professional client must confirm their status in writing
When a caravan is being towed and is involved in a fault motor accident, resulting in damage to third-party property, does the liability section of the caravan policy cover the damage to the third-party property?
A: No, only third-party injuries are covered B: Yes, all third-party liabilities are covered C: No, any third-party liability while being towed is excluded D: Yes, providing the caravan had not become detached when the damage occurred
A: At review premiums can rise, fall or stay the same.
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?
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.