English IC38 Mock Test - Set-10
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English IC38 Mock Test Series
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Question 1 of 21
1. Question
1 pointsInsurance company do medical check up after the age of
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Question 2 of 21
2. Question
1 pointsWhat is the 1st step to determine Net Premium.
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Question 3 of 21
3. Question
1 pointsWhich of the below statement is correct with regards to the territorial jurisdiction of the Insurance Ombudsman?
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Question 4 of 21
4. Question
1 pointsWarehouse of ABC limited has low chances of catching fire but if it does the losses will be high. Suggest methods for risk management.
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Question 5 of 21
5. Question
1 pointsHealth insurance policies don’t cover
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Question 6 of 21
6. Question
1 pointsMahesh has assigned a insurance policy with CI rider to Rajiv. If Mahesh is diagnosed with a critical illness to whom will the CI rider claim be paid
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Question 7 of 21
7. Question
1 pointsSunil has assigned his insurance policy to Vijay? How can Sunil get his policy back in his name.
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Question 8 of 21
8. Question
1 pointsWhich of these is not a KYC document?
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Question 9 of 21
9. Question
1 points………………….. is the name of scheme by ministry of Labour and employment govt of India that provides free health insurance policies to people below poverty line.
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Question 10 of 21
10. Question
1 pointsIf a person invests in ULIP plan who bears the Investment risk?
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Question 11 of 21
11. Question
1 pointsIn case of Revival of a policy who is benefited ?
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Question 12 of 21
12. Question
1 pointsRohit aged 46 is considered as high anticipated morbidity but is still insurable. Under which type of risk will he be classified
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Question 13 of 21
13. Question
1 pointsWhat is the time period for free look period in insurance policies
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Question 14 of 21
14. Question
1 pointsA policy is effected under the MWP Act. If the policyholder does not appoint a special trustee to receive and administer the benefits under the policy, the sum secured under the policy becomes payable to the _____________.
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Question 15 of 21
15. Question
1 pointsFrom the below given age proof documents, identify the one which is classified as non-standard by insurance companies.
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Question 16 of 21
16. Question
1 pointsA payment made under a money-back policy upon reaching a milestone will be classified under which type of claim?
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Question 17 of 21
17. Question
1 pointsMr. Anil earns Rupees 1,20,000/-, a Year, and spends Rupees 24,000/-, on Him-Self. Suppose the Rate of Interest is 8% (expressed as 0.08). Calculate the Human Life Value (H.L.V.), in this Case.
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Question 18 of 21
18. Question
1 pointsMr. Neeraj is 55 Years’ Old, and has 5 Working- Years, Left for Retirement. Currently, His Annual Income is Rupees 5 Lakhs, and He has purchased a Life Assurance Policy of Rupees 15 Lakhs. If He were to die Pre-Maturely, in the Current-Year it-self, then, How Much Will His Family get from the Life Assurance Company?
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Question 19 of 21
19. Question
1 pointsFrom the Following Options, Identify a Non-Traditional Life Assurance Product.
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Question 20 of 21
20. Question
1 pointsPick an Attribute, that can be associated with Life Assurance Policies.
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Question 21 of 21
21. Question
1 pointsSuggest a Good Time to Start the Financial Planning.
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