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1. R633 We can takeLoan from a policy in which there is a feature of ...........

2. JI14. For assessing the risk of a group health insurance policy, which of the following information is the most critical ?

3. None of the above ON56. the premium all the riders relating to health or critical illness in the case of term or group products shall not exceed -----of the premium of the main policy

4. ON11. As Rahul Gupta is a newly appointed insurance agent he is unsure about the particular information that has been asked by a prospect Mr. Madan. In such scenario what would be the ethically appropriate way of proceeding for Rahul?

5. 170. An indemnity bond was signed when the claim was paid. This indicates that the policy…..

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

7. 5.20 In case of life insurance, the insurable interest should exist

8. Q3. Which are the two basic life insurance plans?

9. JN87. Whole life policy Document is a-

10. 5.34 When can an insurance company give more than 35% first year commission?

11. 4.11 E-sales means sales of insurance products through ................

12. K4. A contract exist between insurer and proposer when.........

13. 603 Whose signature is required on attestation of the policy?

14. KB6. Who is the client of a re-insurance company?

15. r18. Raju is investing directly in corporate bonds. In what form will he receive the income?

16. R25. If policy is in lapsed condition, the protection from the policy available........

17. 3.7. An agent should disclose the commission if ....

18. ON6. The objective of life insurance council is to interact with the government and other bodies on policy matters …….

19. K40. Akash is a relatively cautious person. In insurance terms this will normally increase the likely hood that he will

20. JI16. Under the IRDA guidelines for Claim settlement, any queries or additional documents can asked from the claimant within ...

21. 4.6 Mr. Raju has taken Critical Illness Rider. The claim will be paid..........

22. 173. What kind of policy does the employer who has insurable interest in the life of an employee take?

23. ex3. Who is the customer of a Re insurer.....?

24. 3.35 Satish as an insurance advisor while recommending to his client Ramesh,what is not advisable?

25. 189. In case of widowed woman financial planning should ensure:

26. 5.19 If we hold 100 units in gold ETF, It means that how much grams we have in physical

27. 197. During fact finding, what will be the next step after Identifying clients need:?

28. 627 The best way to overcome the problem of investment decision depends mainly on peer influence is

29. ex2. The Non Government organizations(NGO) helps the insurance industry immensely in ....

30. 601 Law of Large number helps the insures to

31. 5.35 When should an agent disclose the commission which he will earn from the product which he is going to sell

32. Q1. Mr.Sarath has taken a moneyback policy . He received 25% of the SA in two times. IF he dies now what is the death claim payable?

33. 3.46 What is the maximum Time in which The insurer should settle a claim when all documents are submitted

34. EX22. Which of the following is a Non Standard Age Proof...

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

36. 427. The sole focus during Sasikumar’s fact-find session was healthcare requirements and estate planning. Which main life stage is he most likely to fall into?

37. Z8. In the case of a policy under the provision of M.W.P. ACT who can make the death claim?

38. KB19. Vivek, after taking a life insurance policy died in the 8th month. The company declined the claim. The reason may be …………

39. ON10. What is the IRDA initiative to curb inaccurate advise and misselling?

40. JI3. Who is a regulator, supervisor and monetary authority of the financial system in India?

41. EX16. In a life insurance policy it is later found that the person doesn’t have insurable interest then the contract is          

42. 3.10 What is the reason , that an advisor is getting more than 35% Commission in the 1st Year?

43. EX8. Insured can contact to seek the resolution of grievances they have against insurer to IRDA through:.....

44. K2A. What key impact will low persistency levels have on insurance policyholders?

45. 186. In the process of calculation of net premium, which will be deducted:?

46. Z16. Which is true?

47. EX13. Life insurance the risk is determined on the basis of ..........

48. K27. During the process of applying for life insurance, the customer discloses to the insurance agent that he had a mild stroke six months ago, however this was not mentioned on the application form. In accordance with the insurance Regulatory and Development Authority's code of conduct, how should the insurance agent deal with this information?

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

50. 216. Aji has taken a term plan for 20 years. In the 3rd year he suffered financial crisis due to which he was unable to pay premium within grace period and died after 1 month. The nominee files a claim and is rejected because


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