Insurance Assignment

Sample questions

Question 1

1. Describe the principles of insurance
2. Explain the responsibilities of an insurance company to the business community

Question 2

1. Examine the various types of insurance policies
2. What are the steps followed when buying and insurance contract?
3. examine challenges facing by insurance companies in Uganda

(a) Define the term insurance contact
(b) Describe the steps followed when
i. Taking out an insurance policy.
ii. claiming compensation

(a) Explain the responsibilities of insurance companies to the business communities.
(b) Describe the categories of insurance policies.

(a) Explain the challenges facing the insurance industry in Uganda.
(b) Explain the factors that necessitate good relationship between the family and business.

(a) Explain the challenges associated with family business.
(b) Suggest solutions to overcome the challenges associated with family business.
(c) What is the importance of family savings in establishing business?

Sample questions

1. (a) Distinguish between small medium enterprises.

(b)    What are the characteristics of medium enterprises?

2. (a) Explain the role of small and medium enterprises in  promoting developments

(b)    What are the advantages of?

1. formal business
2. informal business
3. (a) Distinguish between formal and informal businesses

(b)    Why are formal businesses preferred to formal businesses?

4. (a) Explain the factors that lead to a difference in the sizes of   businesses.

(b)    What are the advantages and disadvantages of small and  medium enterprises?

5. (a) What are the reasons for the high rate of failure of small and medium enterprises?

(b)    Suggest solutions to the high rate of small and medium  enterprises in Uganda.

6. (a) Explain the steps followed when commencing business   operations.

(b)    What challenges are faced by small and medium enterprises  in accessing business information in your country?