Q161
Open questionIn relation to annuities, what does “liquidation period” refer to?
Select an option to see the answer and solution.
Commerce · all questionsInsurance
Insurance
practice.
Practice every MCQ with options. Use Show answers when you want the correct option and solution.
974
Questions
9/49
Page
Pick an option on a question to see the right answer and solution.
Q162
Open questionCold calling is
Select an option to see the answer and solution.
Q163
Open questionSurplus would arise in an insurance company, if
Select an option to see the answer and solution.
Q164
Open questionThe main advantage of term insurance lies in
Select an option to see the answer and solution.
Q165
Open questionSurvey and inspection of a property is essential
Select an option to see the answer and solution.
Q166
Open questionRisk transfer through risk pooling is called
Select an option to see the answer and solution.
Q167
Open questionWhat are the two methods of underwriting?
Select an option to see the answer and solution.
Q168
Open question_________ method of underwriting is suitable while deciding a complex case, e.g. whether to give insurance to someone who has acute diabetes.
Select an option to see the answer and solution.
Q169
Open questionIf a policy document is lost, then
Select an option to see the answer and solution.
Q170
Open questionOn foreclosure of a policy, which of the following is incorrect?
Select an option to see the answer and solution.
Q171
Open questionWhich of the following statements are correct?
Select an option to see the answer and solution.
Q172
Open questionRevival of a life insurance policy means
Select an option to see the answer and solution.
Q173
Open questionBenefit under a Unit Linked policy is reckoned by
Select an option to see the answer and solution.
Q174
Open questionWhen one is near to his retirement years, the risk profile of an individual could be
Select an option to see the answer and solution.
Q175
Open questionMaturity claim is payable when
Select an option to see the answer and solution.
Q176
Open questionWhich of the following statements is correct?
Select an option to see the answer and solution.
Q177
Open questionWhich of the following statements are 'true'?
1 : The premium under a group insurance policy is constant for all the time to come.
2 : Section 45 of the Insurance Act does not apply to a one year policy.
1 : The premium under a group insurance policy is constant for all the time to come.
2 : Section 45 of the Insurance Act does not apply to a one year policy.
Select an option to see the answer and solution.
Q178
Open questionThe term 'Money Laundering' would mean
Select an option to see the answer and solution.
Q179
Open questionAn insurance agent represents a/an
Select an option to see the answer and solution.
Q180
Open questionWhich of the following are not a part of insurance planning?
Select an option to see the answer and solution.