Read the information supplied and answer the questions which follow - Leaving Cert Business - Question 5 - 2010

1. Ensure that there is a quorum, open the meeting and run it in an orderly manner.
2. Ensure that the agenda is followed and ensure compliance with standing orders.

1. Ensure that all members are notified in advance of the meeting and that the Notice and Agenda are available.
2. Record the minutes of discussions and decisions made in order to write the minutes.

1. They allow for the exchange of ideas and the opportunity to make proposals.
2. They facilitate direct communication of findings, allowing for immediate feedback and discussions.

Policy: A policy is a contractual document between the insurance company and the insured – it contains details of the insured, the risks covered, and the terms and conditions attached.
Claim form: A claim form is a document that the insured submits to the insurance company seeking compensation, giving a description of what happened and detailing the amount of loss incurred.

Insurance premiums may increase as premiums are based on risk. Insurance companies may view flooding as a higher risk event and could either raise premiums, or refuse to cover the risk, or could amend the insurance contract, as they consider that the risk is now greater.