IC38 - HEALTH INSURANCE AGENT EXAM - 07
| 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. |