Construction of major projects

Course questionnaire: notify, prove, be paid

Six simple questions on the main ideas of the course: proof, notification, mitigation costs, prefinancing, reinstatement and recourse.

6 questions, 5 minutes

Course questionnaire

Easy questions on the central ideas of the course, several of them true or false. Get 5 out of 6 right and the course is passed. After each answer, you see whether it is right, and why.

1 / 6 · True or false

Answers are marked together when you submit: choose, move on to the next one, and your score comes at the end.

Under an all risks policy, the insured must prove the exact cause of the damage to be indemnified.

Review

Every question, its answer and the reasoning

The same material, in continuous reading. Each point links to the matching glossary entry, where the notion is covered in full with its worked example.

Course questionnaire: notify, prove, be paid

Every question, its answer and the reasoning

1. Under an all risks policy, the insured must prove the exact cause of the damage to be indemnified.

2. A late notice of loss automatically forfeits cover, whatever the effect of the delay.

3. Costs are incurred to stop a covered loss from getting worse, and the measure fails. Are they recoverable?

4. What is the main benefit of French builder's latent defects insurance?

5. The extra cost of rebuilding to current standards is an improvement imposed by law, which policies handle separately, sometimes by an exclusion or a capped extension.

6. After paying, the insurer pursues recourse by subrogation. What rights does it have?