IC22 LIFE INSURANCE UNDERWRITING EXAM - 09
Q1.Life Insurance Underwriting Is The Process Of___ |
Assessing |
Selecting |
Classifying |
Evaluating &Measuring |
All Above |
Q2.In reinsurance who becomes the policyholder? |
Insured person. |
Ceding company. |
Reinsurer. |
Both (a) & (b) |
None of the above. |
Q3.If an individual is suffering from obesity, high blood pressure, and diabetes, then which adverse factor needs to be considered cautiously in insurance underwriting for assessing mortality rate? |
Diabetes. |
Obesity. |
High blood pressure. |
The combined effect of all three. |
Only (a) & (c). |
Q4.Where the most of the cardiac muscles of the heart are found? |
Pericardium. |
Myocardium. |
Epicardium. |
Endocardium. |
None of the above. |
Q5.Which Of The Following Type Of Hepatitis Can Spread Through Contact With Infected Blood Or Semen |
Hepatitis A |
Hepatitis B |
Hepatitis D |
Hepatitis E |
all of the above |
Q6.If in case, the predictive mortality does not deviate too much when compared to that indicated in the mortality table provided by the actuaries, what will be the underwriter’s decision? |
The underwriter will accept the risk. |
The underwriter will accept the risk with special terms. |
The underwriter will decline the risk. |
The underwriter will postpone the risk. |
The underwriter will accept the risk at a high premium. |
Q7.Which of the following is not a part of the bronchial tree, a part of the lower respiratory system? |
Bronchi. |
Bronchioles. |
Alveoli. |
Larynx. |
None of the above. |
Q8.If the individual is considered to carry sub-standard risk by an underwriter, then the decision to accept the risk can be based on___. |
The purpose for which the insurance cover is sought. |
The degree or extent of severity of the risk. |
The type of risk: increasing, constant or decreasing. |
All the above |
None of the above. |
Q9.For Which Of The Following Purposes Is A Clinical Review Of A Diabetic Applicant Required By Insurance Cos. |
To Check On Diabetic Stage |
To Look For Evidence Of Diabetic Complications |
To Look For Possible Cure |
To Assess The Damage. |
all of the above |
Q10.The concept of EMR is applied in the case of sub-standard lives; here “EMR” stands for? |
Excess morbidity rate. |
Extra mortality rise. |
Extra mortality rate. |
Excessive morbidity rise. |
None of the above. |