Quiz: Understanding Insurance Basics

Read each question carefully and select the correct answer

Question 1: What is the primary purpose of insurance?
Question 2: What type of insurance is mandatory for car owners in Kyrgyzstan starting January 2025?
Question 3: When must homeowners provide proof of property insurance in Kyrgyzstan?
Question 4: Who regulates insurance companies in Kyrgyzstan?
Question 5: What happens if you do not have the required motor insurance when registering a car?
Question 6: What is a premium in insurance terms?
Question 7: Why might someone choose voluntary insurance?
Question 8: What is the benefit of insurance for a student?
Question 9: Which organization issues licenses for insurance companies in Kyrgyzstan?
Question 10: What is an important step to be smart about insurance?