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Total cards: 4•Content version: v4•Public deck•Updated: 8/1/2026
Card preview (4)
#1
Front (Question)
No claims bonus
Back (Answer)
In car insurance you get a discount if you do not claim for any actions the previous year It encourages people to not claim for small amounts
#2
Front (Question)
Premium
Back (Answer)
The cost of insurance The higher the risk the higher the premium
#3
Front (Question)
Loading
Back (Answer)
Extra premium for higher risk
#4
Front (Question)
marketing competition
Back (Answer)
the rivalry between existing companies, services or products that exists within a specific market.