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1. 613 Joy and John both are unmarried. Ajay has dependant Parent. Which need Ajay must take care of on priority, although that will not be a priority for Vijay?

2. 5.14 In which plan weekly premium payments are accepted

3. a28 . Mr. Krishna has taken a policy from on 3rd March 2011, He died on 18th August 2012. His death claim is considered as..........

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

5. 5.31 If a valid claim is delayed by the insurer then the interest for the same will have to be paid by the insurance after how many days from the date of admission of the claim?

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

7. Z21. Loan under policy should not exceed.....

8. JN78. Ajay withdraws 10 % in cash from the retirement fund and uses it for personal reasons. As per IRDA norms, how will this withdrawal be treated under tax?

9. 16. Which is not a part of General Insurance?

10. 621 What key event is most likely to prevent insurer from ensuring that each insured person brings a fair premium to the pool for the risk presented?

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

12. JI22. Mr. Purusottam has joined as Director of Insurance Company. Now as per the IRDA act he is not allowed to play the role of which of the following:

13. r50. What product agent should recommend to a young man with no dependents and just joined a job?

14. ON 51. As per prevention of money laundering act High net worth( HNI) individuals comes under….

15. 141. In money back plan the nomination can be done:

16. 634 How are perils and hazards normally distinguished under term insurance policies?

17. 5.30 Risk where no possibility of making profit is...........

18. 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?

19. Z1. Potential purchaser of product is called....

20. 3.7. An agent should disclose the commission if ....

21. ON4. Any violation of the code of conduct as may be specified by the regulatory body may lead to the disqualification of the agent. Which act states this?

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

23. 9. Which is one of the following statement is correct,

24. 10a. A human being is......

25. 111. Ram wants to buy a plan of insurance from XYZ insurance company. He was asked to furnish the name of “appointee” in the proposal form. Which reason would have lead to the same?

26. 646 The proposer can withdraw from the contract, if they disagree with the terms and conditions of the Policy, within a ‘free look-in period’ of

27. 131. The reason for very less penetration of life insurance in India is:

28. KB20. If a person is missing for 7 years, claim can be given under certain circumstances, which is called ……..

29. On20. IRDA guideline requires each client should understand the key features of the product before the sale is completed. Agents use which document to show this?

30. 19. Which sentence is correct?

31. 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 ?

32. ON24. If the client object that other companies product is better, what the agent should do?

33. 627 The best way to overcome the problem of investment decision depends mainly on peer influence is

34. 192. In term policy loading is added for:..............

35. AA2. In which of the following case there is no defined retirement age?

36. EX25. Claim was settled, however full Sum assured was not paid though the policy was in force due to.....

37. 647 For an insurance agent, a low persistency ratio means :

38. 5.41 If a policy with premium of Rs 5000 has matured, how much will be deducted when the maturity claim arises

39. EX20. In case of life insurance, Insurable interest must exist.....

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

41. ON18. In a death claim filed by Anjali mentioned that her son Asok died a natural death. The insurance company rejected the claim saying that it was not a natural death claim. Her insurance agent is Amar. What he should do?

42. R8. Buying insurance is an act of .................

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

44. 5.32 As per IRDA regulations IGMS should be mandatory set up by

45. 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?

46. 11a. The Principle of Utmost Good Faith will operate in an existing policy

47. KA22. Nikhil is looking for a tax-efficient savings for his disposable income. He is considering an equity-linked savings scheme, national savings certificates and an endowment insurance policy premium. For which of these investments are allowed to be deducted from his taxable income?

48. R3.16 A life insurance can only be made paid up only if..........

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

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


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