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Insurance
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Q681

Which of the below statement is correct?

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Q682

In order for the policy to acquire a guaranteed surrender value, for how long must the premium be paid as per law?

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Q683

What will happen if the policy holder does not pay the premium by the due date and dies during the grace period?

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Q684

Amrita is pregnant. She has applied for a term insurance cover. WHICH of the below option will be the best option to choose for an underwriter to offer insurance to Amrita? Choose the most likely option.

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Q685

Mahesh has brought a life insurance policy with a critical illness rider. He has made absolute assignment of the policy in favor of khan. Mahesh suffers a heart attack and there is a claim of Rs.50,000 under the critical illness rider. To whom will the payment be made in this case?

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Q686

Given below is a list of document to be submitted for a normal death claim by all beneficiaries in the event of death of life insured. Pick the odd one out which is additionally required to be submitted only in case of death by accident.

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Q687

Agent’s license is to be renewed _________

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Q688

_________ is the fees payable to the authority for issue / renewal of license to act as an insurance agent or composite insurance agent.

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Q689

If an agent is found guilty of criminal misappropriation the designated person will _________ ,_________

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Q690

The key to successful closing lies helping the prospect to say _________

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Q691

In insurance , need-gap analysis involves_________

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Q692

The emergence of which of the following necessitates insurance as a form of security?

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Q693

Government of India transacts life insurance business in India through which of the following:

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Q694

Which of the following is correct?
Statement A – Insurance reduces burdens
Statement B – Insurance is a system of mutual support.
Statement C – Insurance the only method to manage risks.

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Q695

Which of the following can easily be compensated thro’ insurance?

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Q696

Which are the methods to manage risks?

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Q697

Risk reduction and control involves steps like -

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Q698

Risk Financing includes -

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Q699

Risk Retention means

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Q700

Insurance refers to protection against an event that _________ happen whereas Assurance refers to protection against an event that _________ happen.

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