Q201
Open questionIn which of the following cases is insurable interest not present?
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Insurance
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Q202
Open questionWhich of the following statements is correct?
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Q203
Open questionAll of the following are elements of a valid contract, except
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Q204
Open questionWhich of the following is NOT true regarding ULIP?
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Q205
Open questionA policy with cover for an indefinite term is called
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Q206
Open questionA standalone health insurance company is
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Q207
Open questionWhich of the following actions showcases the principle of “uberrima fides”?
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Q208
Open questionOn which of the following does amount of annuity payable depend?
1. Principal sum of money
2. Investment period
3. Rate of return
4. Duration of annuity payments
1. Principal sum of money
2. Investment period
3. Rate of return
4. Duration of annuity payments
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Q209
Open questionThe insurer’s right to reject a claim under a policy is subject to which of the following sections of the Insurance Act, 1938?
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Q210
Open questionWhich of the following funds provides for predominant investment in equities?
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Q211
Open questionWhich among the following is not a variant of term assurance?
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Q212
Open questionWhich of the following is not a risk fit for insurance?
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Q213
Open questionIn context of insurance, ‘risk retention’ indicates a situation where
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Q214
Open questionOccurrence of _________ has to be _________ and not a _________ of the insured person.
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Q215
Open questionIn this method of underwriting, the underwriter gives rating points for all the negative or adverse factors, totals them and decides extra mortality rating. Which method are we talking about?
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Q216
Open questionHow much free look period is allowed from the date of receipt of health insurance policy document?
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Q217
Open questionWhen is an insurance company put to real test?
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Q218
Open questionUnit Linked policy scores over Traditional plan with respect to
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Q219
Open questionIf the claim could not be settled for want of proper identification of a payee, the insurer shall pay interest at the rate of
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Q220
Open questionWhich act speaks about presumption of death?
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