Q461
Open question“A clause precluding death due to pregnancy for a lady who is expecting at the time of writing the contract” will be included in which section of a standard policy document?
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Q462
Open questionWhich of the below statement is false with regards to nomination?
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Q463
Open questionWhen is a policy deemed to be lapsed?
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Q464
Open questionWhich of the below statement is correct with regards to grace period of an insurance policy?
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Q465
Open questionDuring the revival of a lapsed policy, which of the below aspect is considered most significant by the insurance company? Choose the most appropriate option.
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Q466
Open questionFor an insurance policy nomination is allowed under _________ of the Insurance Act, 1938.
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Q467
Open questionWhich of the below statement is incorrect with regards to a policy against which a loan has been taken from the insurance company?
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Q468
Open questionWhich of the below statement is incorrect with regards to assignment of an insurance policy?
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Q469
Open questionWhich of the below alteration will be permitted by an insurance company?
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Q470
Open questionWhich of the following denotes the underwriter’s role in an insurance company?
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Q471
Open questionWhich of the following is not an underwriting decision?
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Q472
Open questionWhich of the following is not a standard age proof?
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Q473
Open questionWhich of the following condition will affect a person’s insurability negatively?
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Q474
Open questionUnder what method of underwriting does an underwriter assign positive rating points for all negative or adverse factors (negative points for any positive or favourable factors)?
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Q475
Open questionUnder risk classification, _________ consist of those whose anticipated mortality corresponds to the standard lives represented by the mortality table.
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Q476
Open questionWhich of the below insurance proposal is not likely to qualify under non-medical underwriting?
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Q477
Open questionSheena is suffering from acute diabetes. She has applied for an insurance plan. In this case the underwriter is most likely to use _________ for underwriting. Choose the most appropriate option.
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Q478
Open questionSantosh has applied for a term insurance policy. His anticipated mortality is significantly lower than standard lives and hence could be charged a lower premium. Under risk classification, Santosh will be classified under _________.
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Q479
Open questionGiven below is a list of policies. Identify under which type of policy, the claim payment is made in the form of periodic payments?
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Q480
Open questionPraveen died in a car accident. The beneficiary submits documents for a death claim. Which of the below document is an additional document required to be submitted in case of accidental death as compared to natural death?
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