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1. a27. Policy holder has choice for making complaint to



2. 5.41 If a policy with premium of Rs 5000 has matured, how much will be deducted when the maturity claim arises



3. 5.20 In case of life insurance, the insurable interest should exist



4. K34. In the context of financial planning, how is the difference between real needs and perceived needs best described



5. 647 For an insurance agent, a low persistency ratio means :



6. 645 In the case of life insurance, insurable interest should exist



7. 5.22 Insurance companies are required to honor the awards passed by the Insurance Ombudsman within how may days



8. 4.7 The concept of Risk diversification is applicable in which of the following instrument ?



9. KB2. In the benefit illustration given to the client there is a mentioning about some deductions on invested amount. This deduction reflects ……….



10. 3.27 Agent who is a licensed intermediary is actually is ?



11. K30. Pradeep as an agent has advised a client to surrender an existing investment and start a new investment product. What key indicator should be used to determine whether this advice was ethical?



12. r324. What is the stipulated time frame within which an insurer is supposed to respond after receiving any communication from its policyholders?



13. R10. Which sentence is correct?



14. ON53. As per prevention of money laundering act Non resident Indians(NRIs) comes under….



15. Q4. What is the impact of high persistency on insurance agents?



16. JI25. Net premium is equal to



17. 3.10 What is the reason , that an advisor is getting more than 35% Commission in the 1st Year?



18. 135. When the sales target of the agent is less what will be its effect on churning.



19. KB11. Mr. Rahim is applying for a loan from his endowment plan. Loan is granted on which of the following feature?



20. 21. To become an Agent one has to..................



21. 417. The life expectancy in India is constantly improving . This also brings new challenges. These challenges can be met through ....



22. 3.43 No of days within which the death claim has to be paid after the necessary documents have been received



23. 5.21 Pooling of insurance applies to



24. 3.41 Without submitting any form of claim, a life insurance policy holder received payments of maturity. Then what type of policy he is holding ?



25. r12. A life insurance can only be made paid up only if..........



26. Z20. Loans is available only in the policy if......



27. EX11. Human beings need life insurance because..................



28. 3.38 Client died in 89th day from DOC. In which category he is not eligible for claim



29. ON2. Agent, in the form of a report brings to the notice of an insurer and adverse habits or income inconsistency of the prospect. This report is called ………



30. 5.36 In a pension plan illustration what are the parts which shows the benefit for an annuitant?



31. KAA. When undertaking financial planning for individuals without capital, what savings need is likely to be addressed in every single case?



32. EX17. Principle of utmost good faith will operate in existing policy.....



33. 3.21 If the client does not wish to proceed with the recommendations right at the moment the agent should



34. EX26. While calculating HLV along with future income, no of years of work, increments in salary what is also to be taken in to account?



35. R3.44 Mr. Suresh dies before the grace period is over without paying the premium, what is the claim payable



36. 133. Ajay wants to take a life insurance policy for his child, out of Certificate of Baptism and Ration card, which will be accepted as standard age proof?



37. ON54. As per prevention of money laundering act politically exposed persons( PEP) individuals comes under….



38. KB7. The best method to resolve in the problem of taking a decision on investment is ……..



39. 136. For the agents to carry out their role in a professional manner, they must adhere to the Code of Conduct specified by which authority?



40. 630 If a person already suffering from some disease and had not mentioned it in the proposal form then as per IRDA code of conduct the agent should



41. 420. In which of the recognized life stages an individual does not require any protection cover ?



42. 3.19 . The main protection need of a 20 year old is mostly.............



43. ON12. Which is not a result of unethical behavior?



44. 5.12 What will be the lien amount in 3rd year as compared to the 4th year of lien.



45. ON13. If the policy has been sold on unethical grounds, this can result in …….



46. AA1. What do you mean by Double Income Family?



47. KA9. On the maturity of an endowment policy, a reduced sum insured is paid out. What is the most likely reason for this?



48. a2. In the case of life insurance the risk ....



49. ON15. The complaints received by the Ombudsman are dealt with ……….



50. 3.46 What is the maximum Time in which The insurer should settle a claim when all documents are submitted



 

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