Practice - Insurance
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What type of insurance protects against claims from external parties?
💡 Hint: Think about how contracts protect against external risks.
Name one coverage necessary in construction contracts.
💡 Hint: This insurance protects the main project work.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the purpose of Works Coverage in a construction contract?
💡 Hint: Think about what happens during the construction process.
True or False: Liability coverage is only needed if the project causes damage to other properties.
💡 Hint: Consider all potential claims under a contract.
Get performance evaluation
Challenge Problems
Push your limits with advanced challenges
Imagine a construction company did not purchase works coverage and experienced a fire that destroyed a project. Analyze the potential financial repercussions on the company.
💡 Hint: Consider how the financial burden could impact future operations.
A contracting company signed a deal without specifying tax duties. Later, they paid a significant tax bill that they believed the client was responsible for. Discuss the impact of such an oversight.
💡 Hint: Reflect on the importance of clear communication and definition in contractual agreements.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.