Q181
Open questionAn alternative to bonus method of distribution of surplus is
Select an option to see the answer and solution.
Commerce · all questionsInsurance
Insurance
practice.
Practice every MCQ with options. Use Show answers when you want the correct option and solution.
974
Questions
10/49
Page
Pick an option on a question to see the right answer and solution.
Q182
Open questionAn agent can work on which of the following bases for successful results?
Select an option to see the answer and solution.
Q183
Open question_________ is reflected in the caring attitude and individualized attention given to customers.
Select an option to see the answer and solution.
Q184
Open questionWhich principle means flow of resources from many to one?
Select an option to see the answer and solution.
Q185
Open questionWhich of the following are not a wealth accumulation product?
Select an option to see the answer and solution.
Q186
Open questionAn insurance company needs assets for
Select an option to see the answer and solution.
Q187
Open questionAML programme of an insurance company includes
Select an option to see the answer and solution.
Q188
Open questionLicense to work as an insurance agent is issued by
Select an option to see the answer and solution.
Q189
Open questionAs per IRDA (Protection of Policyholder’s Interest) Regulations, 2002, a claim under a life policy shall be paid or be disputed within
Select an option to see the answer and solution.
Q190
Open questionMahesh ran a business on borrowed capital. After his sudden demise, all the creditors are doing their best to go after Mahesh’s assets. Which of the below assets is beyond the reach of the creditors?
Select an option to see the answer and solution.
Q191
Open questionWhat is the time for approaching an insurance ombudsman?
Select an option to see the answer and solution.
Q192
Open questionWhich of the following is not a pre-requisite for launching a complaint with ombudsman?
Select an option to see the answer and solution.
Q193
Open questionAre there any charges that need to be paid for lodging a complaint with ombudsman?
Select an option to see the answer and solution.
Q194
Open questionA non-early claim is a claim occurring after _________ of taking a policy of insurance.
Select an option to see the answer and solution.
Q195
Open questionSurrender value is a percentage of
Select an option to see the answer and solution.
Q196
Open questionAt what stage in one’s life will savings make an impact on him?
Select an option to see the answer and solution.
Q197
Open questionWhich of the following consumer grievance redressal agencies would handle consumer disputes amounting between rupees 20 lakh and 100 lakh?
Select an option to see the answer and solution.
Q198
Open questionAccording to common law, when should insurable interest be present in a general insurance contract?
Select an option to see the answer and solution.
Q199
Open questionWhich of the following statements is incorrect?
Select an option to see the answer and solution.
Q200
Open questionInsurance is not gambling because of the presence of
Select an option to see the answer and solution.