IC11 PRACTICE OF GENERAL INSURANCE EXAM - 34

Que. 1 : Q1) Cold Calling is:

   1.  a) Meeting customers in winter

   2.  b) Meeting customers when they are suffering from cold

   3.  c) Meeting people unannounced

   4.  d) Meeting customer after fire was extinguished

Que. 2 : Q2) Under earthquake add-on cover, excess is ____% of each and every claim.

   1.  a) 2%

   2.  b) 3%

   3.  c) 4%

   4.  d) 5%

Que. 3 : Q3) Which of the following principles prevents an insured from making a profit out of his loss?

   1.  a) Proximate cause

   2.  b) Pro-rata average

   3.  c) Indemnity

   4.  d) Insurable Interest

Que. 4 : Q4) Premium and claims are shown in accounts on _________.

   1.  a) Actual basis

   2.  b) Gross basis

   3.  c) Net basis

   4.  d) Claim basis

Que. 5 : Q5) Just because an insurer places facultative reinsurance on a policy will not make it ________.

   1.  a) Risk free

   2.  b) More risky

   3.  c) Sudden risk

   4.  d) Constant risk