IC38 - HEALTH INSURANCE AGENT EXAM - 07

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Q1. A Critical Illness Cover provides Cover for Which of the Following Disease(s)? I. Stroke II. Asthma III. Cancer
   a) Only I.
   b) I and II.
   c) I and III.
   d) I, II, and III.
 
Q2.__ and ____, Together constitute the Evidence of the Contract.
   a) Policy and Endorsements
   b) Terms and Conditions
   c) Warranties and Contract
   d) Bonds and Endorsements
 
Q3.Moral hazard means:
   a) Dishonesty or character defects in an individual
   b) Honesty and values in an individual
   c) Risk of religious beliefs
   d) Hazard of the property to be insured
 
Q4.Under the Public Liability Insurance Act, 1991, how much is the compensation payable for actual medical expenses?
   a) Rs 6250
   b) Rs 12500
   c) Rs 25000
   d) Rs 50000
 
Q5.What is the time limit for approaching an Insurance Ombudsman?
   a) Within two years of rejection of the complaint by the insurer
   b) Within three years of rejection of the complaint by the insurer
   c) Within one year of rejection of the complaint by the insurer
   d) Within one month of rejection of the complaint by the insurer
 
Q6.Which among the following scenarios warrants insurance?
  a) The sole breadwinner of a family might die untimely
   b) A person may lose his wallet
   c) Stock prices may fall drastically
   d) A house may lose value due to natural wear and tea
 
Q7.Which of the following is not excluded under personal accident insurance.
   a) attempted suicide
   b) suicide
   c) service in the armed forces
   d) air travel in standard type of aircraft
 
Q8.What does NPPA stand s for?
   a) National Pharmaceuticals Pricing Authority
   b) National Public Prosecution Authority
   c) National Primary healthcentre Association
  d) National Private Public Awareness on AIDS
 
Q9.Where a Proposal-Form is Notand nbsp; used, the Insurer shall record the Information, obtained Orally or In- Writing, and confirm it, Within a Period of ____, there-of, with the Proposer, and incorporate the Information in its Cover-Note or Policy.
   a) 3 Days
   b) 7 Days
   c) 10 Days
   d) 15 Days
 
Q10.Third-Party Administrator (T.P.A.) provides Following Services: I. Cash-Less Facility. II. Data-Compilation and Data-Analysis. III. A 24-Hours' Call-Centre, and Assistance for the Customers. IV. Net-Work of Hospitals, and Other Medical Facilities.
   a) I, II, and IV.
   b) II, III, and IV.
   c) I, III, and IV.
   d) I, II, III, and IV.

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