IC38 - HEALTH INSURANCE AGENT EXAM - 23
| Q1.Which among the following is not a function of insurance? |
| a) Risk mitigation |
| b) Risk transfer |
| c) Risk tracking |
| d) Risk reduction |
| Q2.Mr. Daniel is married and has 3 children and his parents are alive. He has taken a family floater Health Insurance plan. Under the plan who all will be covered. |
| a) Daniel |
| b) Daniel and his wife |
| c) Daniel, his wife, and children |
| d) Daniel, his wife, his children, and his parents |
| Q3.Risk transfer through risk pooling is called __. |
| a) Savings |
| b) Investments |
| c) Insurance |
| d) Risk mitigation |
| Q4.Which of the following statements is true? |
| a) Insurance facilitates the free investment of capital in a business |
| b) Insurance encourages commercial and industrial development. |
| c) Insurance contributes to national productivity |
| d) All of the above |
| Q5.Which of the following should not be excluded? |
| a) Cosmetic Surgery |
| b) Diseases contracted during the initial waiting period |
| c) Pre Existing diseases after a waiting period of 48 months |
| d) Naturopathy treatment |
| Q6.In which of the following policies the principle of indemnity is modified. |
| a) Fire Declaration Policy |
| b) Fire floating policy |
| c) Fire reinstatements policy |
| d) Fire loss of profits policy |
| Q7.Professional indemnity insurance does not cover |
| a) Acts of commission and omission |
| b) Acts of negligence |
| c) Liability arising out of the failure of doctors treatment |
| d) Criminal Act |
| Q8.Premium cannot be received |
| a) In cash |
| b) By cheque |
| c) By promissory note |
| d) By credit card |
| Q9.Which among the following is the most likely to contain the IRDA stipulated 50 hours training to help prospects clear the IRDA examination? |
| a) Process training |
| b) Product training |
| c) Pre-recruitment training |
| d) Sales training |
| Q10.Consumer Protection Act deals with: |
| a) Complaint against insurance companies |
| b) Complaint against shopkeepers |
| c) Complaint against brand |
| d) Complaint against insurance companies, brand,s and shopkeepers |