IC38 - HEALTH INSURANCE AGENT EXAM - 09
Q1.Applications from legal heirs of the deceased insured for transfer of the policy to their name should be accompanied by documents. Which of the following is not required? |
a) Original policy |
b) Post-mortem report |
c) Death Certificate |
d) Proof of title to the vehicle |
Q2.Which of the following is a classification of Commercial Vehicles? |
a) Private Covers |
b) Package Policy |
c) Fire Risk |
d) Goods Carrying Vehicles |
Q3.Mr. Pinto contracted pneumonia as a result of lying on the wet ground after a horse-riding accident. Pneumonia resulted in the death of Mr. Pinto. What is the proximate cause of the death? |
a) Pneumonia |
b) Horse |
c) Horse riding accident |
d) Bad luck |
Q 4.A Statement, made during Negotiation of a Contract of Insurance, is called ___. |
a) Declaration |
b) Affidavit |
c) Representation |
d) Agreement |
Q5.As per the IRDA definition, what is the maximum waiting period for covering pre-existing diseases? |
a) 1 year |
b) 24 months |
c) 36 months |
d) 48 months |
Q6.Which One of the Following Acts, has the Provisions for Monitoring and Control of Operations of Insurance Companies? |
a) Insurance Regulatory and Development Authority (I.R.D.A.) Act, 1999. |
b) Deposit Insurance and Credit Guarantee Corporation Act, 1961. |
c) Public Liability Insurance Act, 1991. |
d) Insurance Act, 1938. |
Q7.Which One of the Following acts, are not covered under the Bankers' Indemnity Insurance? |
a) Dis-Honest Employees |
b) Forgery of Receipts |
c) Cash-Theft |
d) Market-Inflation |
Q8.Insurable Interest is not always required at the time of taking the policy. |
a) Fire insurance |
b) Marine hull insurance |
c) Marine cargo insurance |
d) Burglary insurance |
Q9.Which one of the following is not one of the prime hazards an Underwriter looks at? |
a) Financial |
b) Moral |
c) Risk |
d) Physical |
Q10.Fire Insurance Policy does not cover damage to property even as add-on cover due to_____. |
a) Floods |
b) Earthquake |
c) Fire |
d) Bombing due to war |