Free Coronation Insurance Aptitude Test Past Questions-PDF Download
Embarking on your journey to conquer the Free Coronation Insurance Aptitude Test? You’re on the right track! Our meticulously crafted past questions guide is your ultimate companion, designed to empower you with unwavering confidence and the essential knowledge needed to triumph over this crucial assessment.
About Coronation Insurance
Welcome to Coronation, a leading African financial services provider. We know you want solutions tailored to your unique challenges, so we go beyond the ordinary to deliver the best products and services to our clients and markets. Discover a world of unparalleled protection and peace of mind with Coronation Insurance – your trusted partner in safeguarding what truly matters. Our commitment to excellence and unwavering dedication to our clients set us apart as a beacon of reliability and security in the insurance landscape.
Free Coronation Insurance Exam Format
Numerical Reasoning: This section assesses your ability to work with numbers, analyze data, and draw logical conclusions from numerical information. You might be presented with graphs, tables, and charts, and you’ll need to answer questions based on the data provided.
Verbal Reasoning: This section evaluates your language comprehension, critical thinking, and ability to understand and interpret written information. You could be asked to read passages and answer questions that test your understanding of the content.
Logical Reasoning: Logical reasoning tests measure your ability to analyze patterns, sequences, and relationships, and to draw conclusions based on logical rules. These questions assess your problem-solving skills and decision-making ability.
Sample Of Free Coronation Insurance Aptitude Test Past Questions
NUMERICAL REASONING
Question 1:
If the monthly premium for an insurance policy is $150 and the policyholder pays for 12 months, how much will the policyholder pay in total?
A) $1,500
B) $1,800
C) $1,200
D) $1,350
Question 2:
A car depreciates in value by 15% each year. If the car’s current value is $20,000, what will be its value after 3 years?
A) $14,500
B) $11,050
C) $17,000
D) $15,900
Question 3:
A homeowner’s insurance policy covers 80% of the property’s value, which is $250,000. What is the coverage amount provided by the insurance?
A) $200,000
B) $150,000
C) $180,000
D) $210,000
Question 4:
An investment grows at an annual rate of 8%. If the initial investment is $5,000, what will be the value of the investment after 5 years?
A) $7,600
B) $6,400
C) $7,000
D) $6,900
Question 5:
If a travel insurance policy costs $75 and covers two people, how much will it cost to insure a family of five?
A) $225
B) $150
C) $375
D) $300
Question 6:
A company’s revenue increased from $500,000 in Year 1 to $650,000 in Year 2. What was the percentage increase in revenue?
A) 20%
B) 25%
C) 30%
D) 15%
Question 7:
An investment yields 6% interest annually. If $2,000 is invested, how much interest will it accrue after 3 years?
A) $360
B) $180
C) $220
D) $120
Question 8:
A property’s value decreased by 10% in the first quarter and increased by 15% in the second quarter. If the property was worth $200,000 initially, what is its value after two quarters?
A) $187,000
B) $207,000
C) $190,000
D) $214,000
Question 9:
If a life insurance policyholder pays a premium of $500 annually and has been insured for 8 years, how much has the policyholder paid in total?
A) $4,000
B) $3,500
C) $4,500
D) $5,000
Question 10:
A savings account offers an interest rate of 3.5% per annum. If $1,000 is deposited, how much will be in the account after 2 years?
A) $1,070
B) $1,030
C) $1,060
D) $1,080
VERBAL REASONING
Question 1:
Read the following passage and answer the question:
“Coronation Insurance is committed to providing top-tier service to its clients. With a team of experienced professionals and a dedication to innovation, we ensure that your insurance needs are met with excellence.”
What is the main focus of Coronation Insurance?
A) Client satisfaction
B) Professional growth
C) Financial investments
D) Real estate development
Question 2:
Select the word that is closest in meaning to “resilient”:
A) Fragile
B) Inflexible
C) Stagnant
D) Tough
Question 3:
In which scenario would insurance be most beneficial?
A) A sunny day at the beach
B) A routine doctor’s appointment
C) A car accident
D) Grocery shopping
Question 4:
Complete the analogy: “Life insurance is to protection as investment is to __________.”
A) Risk
B) Growth
C) Health
D) Deductible
Question 5:
Choose the option that correctly identifies the antonym of “generous”:
A) Kind
B) Selfless
C) Stingy
D) Charitable
Question 6:
Which of the following is an example of a liability?
A) Savings account
B) Health insurance
C) Mortgage
D) Retirement fund
Question 7:
Read the sentence and choose the correct word to fill in the blank: “The company’s profits ________ significantly last quarter.”
A) Decreased
B) Climbed
C) Expanded
D) Disappeared
Question 8:
Identify the sentence that is grammatically correct:
A) Their ensuring financial stability is important.
B) They’re ensuring financial stability is important.
C) There ensuring financial stability is important.
D) Their ensuring financial stability are important.
Question 9:
Which of the following terms relates to insurance coverage that protects against damage to a person’s own vehicle in an accident?
A) Liability insurance
B) Comprehensive insurance
C) Health insurance
D) Third-party insurance
Question 10:
Choose the synonym for “prudent”:
A) Rash
B) Thoughtful
C) Careless
D) Impulsive
LOGICAL REASONING
Question 1:
If all trees are plants, and some plants are flowers, which of the following statements must be true?
A) All trees are flowers.
B) All flowers are trees.
C) Some flowers are trees.
D) All plants are flowers.
Question 2:
If A implies B, and B implies C, which of the following is true?
A) A implies C.
B) C implies A.
C) B implies A.
D) None of the above.
Question 3:
If all employees at Coronation Insurance have a bachelor’s degree, and John has a bachelor’s degree, what can you conclude?
A) John is an employee at Coronation Insurance.
B) John is not an employee at Coronation Insurance.
C) John has a master’s degree.
D) All employees at Coronation Insurance have master’s degrees.
Question 4:
Arrange the following words in alphabetical order:
Insurance, Broker, Coverage, Agent
A) Agent, Broker, Coverage, Insurance
B) Agent, Coverage, Broker, Insurance
C) Broker, Agent, Insurance, Coverage
D) Coverage, Agent, Broker, Insurance
Question 5:
If Monday is the day after Sunday, and Wednesday is two days after Monday, what day is it after Thursday?
A) Sunday
B) Monday
C) Tuesday
D) Wednesday
Question 6:
If all cars are vehicles and some vehicles are red, which of the following is a valid conclusion?
A) All red things are cars.
B) Some vehicles are not cars.
C) All red things are vehicles.
D) All cars are red.
Question 7:
If A = 5, B = 10, C = 15, what does D equal?
A) 20
B) 25
C) 30
D) 35
Question 8:
If every umbrella is a rain protector, and some rain protectors are blue, which of the following is true?
A) All blue things are umbrellas.
B) All rain protectors are blue.
C) Some blue things are rain protectors.
D) Some rain protectors are not blue.
Question 9:
If “apple” is coded as “bppmf,” how is “orange” coded?
A) pbpgpd
B) pbpdpg
C) pbgppd
D) pgpbpd
Question 10:
If only one of the statements (i) and (ii) is true, which is it?
(i) All roses are flowers.
(ii) Some flowers are not red.
A) Statement (i)
B) Statement (ii)
C) Neither statement
D) Both statements
