Ceist Eile

Ceist Eile is in development. Features, questions and prices may change while we refine it.

Junior Cycle · Junior Cycle Business Studies

Junior Cycle Business Studies: Personal and household insurance

How often Personal and household insurance comes up on the Business Studies papers, every year it was asked, and questions to try.

CL Asked on 6 of the last 6 Common Level papers, most recently in 2026. banker

Personal and household insurance, Common Level(7 marks)

Quick ones on Personal and household insurance.

(a)What is an insurance premium?
  1. The money the insurer pays out after a claim
  2. The amount paid to buy insurance cover
  3. The part of a claim you pay yourself
(b)What is the minimum type of motor insurance required by law in Ireland?
  1. Third party, fire and theft
  2. Comprehensive
  3. Third party
(c)Seán is fully insured with a €250 excess. A storm causes €3,000 of damage. How much compensation will he get?
  1. €2,750
  2. €3,000
  3. €3,250
Show the answers

(a) The amount paid to buy insurance cover

(b) Third party

(c) €2,750

Your turn: Common Level questions on Personal and household insurance.

Common Level

Asked on 6 of the last 6 Common Level papers, most recently in 2026. banker

Every paper, year by year

YearWhere it came up
2026Q4
2025Q11
2024Q3
2023Q10
2022Q18a
2019Q4

Links open the State Examinations Commission’s paper for that year.

More Personal and household insurance questions

Personal and household insurance, 2 marks

What does a no-claims bonus reward?

  1. Paying the premium in cash
  2. Making several small claims each year
  3. Not making a claim over a period
Show the answer

Not making a claim over a period

A no-claims bonus is a discount on your premium for each claim-free year. It rewards careful policyholders and discourages claims for small losses.

Other Business Studies topics

All of Junior Cycle Business Studies