IC22 LIFE INSURANCE UNDERWRITING EXAM -12
| Q1.While processing the life insurance application, which of the following helps in minimizing the risk of mis-selling by the different distributing channels? |
| Proposal form. |
| Reference call. |
| Insurance agent. |
| Medical certificate. |
| Financial documentation. |
| Q2.Which of the following are included in the underwriting manuals? |
| Extra mortality rates for all possible medical conditions. |
| Description of various impairments. |
| Medical documentation. |
| Only (b) & (c) |
| All (a),(b)&(c) |
| Q3.Risk tolerance in an insurance company depends on the__. |
| Trained underwriters. |
| Documentation of the clients. |
| Available risk capital. |
| Agent’s confidential report. |
| Reinsurance Company. |
| Q4.Based on the rating estimated by the underwriter, which one of the following decisions is not taken by him? |
| Decline the risk. |
| Postpone the risk. |
| Acceptance of the risk. |
| Accept the risk with special terms. |
| None of the above. |
| Q5.In the underwriting department who manages and controls the administration of various activities and sub-activities other than technical underwriting? |
| Core underwriting team. |
| Underwriting support team. |
| Third-party administrators. |
| The medical director. |
| The chief medical officer. |
| Q6.Which of the following diseases is not related to the thyroid gland? |
| Adenomas. |
| Cretinism. |
| Hyperthyroidism. |
| Goiter. |
| None of the above. |
| Q7.Name the blood vessels that return the deoxygenated blood to the heart? |
| Veins. |
| Valve. |
| Arteries. |
| Atria. |
| Coronary arteries. |
| Q8.____ has clear guidelines for the reinsurers that include the objectives and the scope of their business in India. |
| GIC. |
| LIC. |
| IRDA. |
| RGA. |
| Reinsurance Company. |
| Q9.Which part is the reservoir for storing the urine until it is ready to be discharged from the body? |
| Ureters. |
| Urethra. |
| Meatus. |
| Urinary bladder. |
| Kidney. |
| Q10.If The Presence Of Albumin In The Urine Sample Is Between 30-300mg/Day, Then It Is Known As |
| Normoalbuminuria |
| Microalbuminuria |
| Macroalbuminuria |
| None |
| all of the above |