Vidyalelo
Commerce · all questions

Insurance
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

974

Questions

25/49

Page

Pick an option on a question to see the right answer and solution.

Which of the below death claim will be treated as an early death claim?

Select an option to see the answer and solution.

Given below are some events that will trigger survival claims. Identify which of the below statement is incorrect?

Select an option to see the answer and solution.

A payment made under a money-back policy upon reaching a milestone will be classified under which type of claim?

Select an option to see the answer and solution.

Shankar bought a 10 year Unit Linked Insurance Plan. If he dies before the maturity of the policy which of the below will be paid?

Select an option to see the answer and solution.

Based on classification of claims (early or non-early), pick the odd one out?

Select an option to see the answer and solution.

Applicant shall complete _________ hours training to become an insurance agent.

Select an option to see the answer and solution.

Identify the statement which is not correct. Insurance agent should _________.

Select an option to see the answer and solution.

The Authority may issue duplicate licence in case it is _________.

Select an option to see the answer and solution.

Minimum qualification required for insurance agent is _________ pass.

Select an option to see the answer and solution.

Direct marketing involves which of the below?

Select an option to see the answer and solution.

“Hurt not others with that which pains yourself”. This golden rule of ethics is given in the teaching of which religion?

Select an option to see the answer and solution.

The license issued to the agent is valid for _________.

Select an option to see the answer and solution.

As per Section 182 of the Indian Contract Act, _________ is a person employed to do any act for another or to represent another in dealing with a third person.

Select an option to see the answer and solution.

Which of the below reflects Principle 2 of the Insurance Marketplace Standards Association (IMSA) principles?

Select an option to see the answer and solution.

Which of the following is not part of sales process?

Select an option to see the answer and solution.

Which of the below statement is correct?

Select an option to see the answer and solution.

Identify the incorrect statement with regards to a ‘qualified’ prospect.

Select an option to see the answer and solution.

_________ is not a tangible good

Select an option to see the answer and solution.

_________ is not an indicator of service quality.

Select an option to see the answer and solution.

_________ refers to the ability to perform the promised service dependably and accurately.

Select an option to see the answer and solution.