Vidyalelo
Commerce · all questions

Insurance
practice.

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What is a policy withdrawal?

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Which of the below is one of the ways of defining surplus?

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Which of the below is not a component of ULIP premiums?

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Life insurance companies may offer rebate to the buyer on the premium that is payable on the basis of _________.

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Interest rates are one of the important components used while determining the premium. Which of the below statement is correct with regards to interest rates?

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With regards to valuation of assets by insurance companies, _________ is the value at which the life insurer has purchased or acquired its assets.

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In case of _________, a company expresses the bonus as a percentage of basic benefit and already attached bonuses.

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Which of the below is an example of standard age proof?

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Which of the below can be attributed to moral hazard?

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Which of the below features will be checked in a medical examiner’s report?

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A _________ is a formal legal document used by insurance companies that provides details about the product.

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The application document used for making the proposal is commonly known as the

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Money laundering is the process of bringing _________ money into an economy by hiding its _________ origin so that it appears to be legally acquired.

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In case the policyholder is not satisfied with the policy, he / she can return the policy within the free-look period i.e. within _________of receiving the policy document.

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Which of the below statement is correct with regards to a policy returned by a policyholder during the free look period?

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Which of the below is not a valid address proof?

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Which of the following documents is an evidence of the contract between insurer and insured?

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If complex language is used to word a certain policy document and it has given rise to an ambiguity, how will it generally be construed?

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Select the option that best describes a policy document.

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Which of the below statement is correct?

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