IC22 LIFE INSURANCE UNDERWRITING EXAM -13
| Q1.What information is required while underwriting COPD cases in Life Insurance? |
| The extent of the current damage. |
| The rate at which the disease is progressing. |
| The treatment took by the individual. |
| Both (a) & (b) |
| All (a),(b)&(c) |
| Q2.The human body consists of about _ percent of solids and ___ percent of water. |
| 30% & 70%. |
| 22% & 78%. |
| 28% & 72%. |
| 20% & 80%. |
| 25% & 75%. |
| Q3.The judgment method can be highly effective when expert advice is needed in the case which involves___. |
| Just one adverse factor. |
| Maximum two adverse factors. |
| More than two adverse factors. |
| No adverse factors. |
| Either (a) or (b) |
| Q4._____Is The Reinsurance That Accepts The Risk From Another Reinsurer |
| Retrocession |
| Retention Limit |
| Retrocessionaire |
| Retrocedant |
| none |
| Q5.Life insurance companies generally employ which of the following process for underwriting? |
| Centralized processing of underwriting. |
| Outsourcing model of underwriting. |
| Decentralized processing of underwriting. |
| Both (a) & (b) |
| Both (a) & (c) |
| Q6.The primary function of the white blood cells is to ___. |
| Carry oxygen and carbon dioxide. |
| Blood clotting. |
| Fight infections. |
| Increase platelets. |
| All the above. |
| Q7.Rajesh has a traveling job, he travels to certain foreign locations where the crime rate is very high, |
| Will his application for life insurance cover be selected for underwriting or not? |
| The proposal will be accepted at standard terms. |
| The proposal will be considered at high risk and may be rejected. |
| The proposal will be accepted with some moderate terms. |
| Either (b) 0r (c) |
| Q8.If an individual has been working as an X-ray technician for more than 18 years and after that switched the job of another type, then the risk associated with him will be __. |
| Increasing extra risk. |
| Constant extra risk. |
| Decreasing extra risk. |
| Increasing high risk. |
| None of the above. |
| Q9.Find The Odd Man Out: |
| Glucose 6 Phosphate Dehydrogenase G6pd Deficiency |
| Sickle Cell Disease, Thalassemia |
| Haemoglobinopathies & Hereditary Spherocytosis |
| A Ruptured Blood Vessel |
| Increased Red Blood Cell Destruction |
| Q10.Medical examination to be conducted in the insurance companies through external service providers, who are called___. |
| Third-party administrators. |
| Core underwriting panel. |
| Medical authority. |
| Third-party medical team. |
| Support the underwriting team. |