IC22 LIFE INSURANCE UNDERWRITING EXAM - 08

Que. 1 : Q1) In the numerical rating method which of the following factors are assessed for risk evaluation?

   1.  a) Personal factors

   2.  b) Environmental factors

   3.  c) Heredity factors

   4.  d) All of the above

Que. 2 : Q2) A surety has insurable interest in the life of

   1.  a) the principal debtor to the extent of debt

   2.  b) in the life of his co-surety to the extent of debt

   3.  c) Only A is True

   4.  d) Both are True

Que. 3 : Q3) An insurance company may send a reinsurance case proposal to multiple reinsurers. The reinsurer who gives the most competitive offer is accepted by the insurance company to reinsure the case. This is known as_______

   1.  a) Treaty Shopping

   2.  b) Treaty discounting

   3.  c) Facultative discounting

   4.  d) Facultative shopping

Que. 4 : Q4) When a pregnant woman develops diabetes mellitus it is called gestation diabetes.

   1.  a) TRUE

   2.  b) FALSE

   3.  

   4.  

Que. 5 : Q5) Which of the following is not a digestive system disease?

   1.  a) Diabetes Mellitus

   2.  b) Diarrhea

   3.  c) Constipation

   4.  d) Hepatitis