IC38 - HEALTH INSURANCE AGENT EXAM - 25
| Q 1.Which of the following are major factors determining health? |
| a) LifeStyle |
| b) Environmental |
| c) Genetic |
| d) All of the above |
| Q2.Which among the following is not a characteristic of ethical behavior? |
| a) Making adequate disclosures to enable the clients to make an informed decision |
| b) Maintaining confidentiality of clients business and personal information |
| c) Placing self-interest ahead of clients interests |
| d) Placing clients interest ahead of self-interest |
| Q3.Identify the True Statement: I. Health-Plus-Life Combi-Products are Joint- Designed by the Two Insurers, and marketed through the Distribution-Channels of Both Insurers. II. For Health-Plus-Life Combi-Products, the Claims are handled by the Insurers, Jointly. |
| a) Only Statement-I is True. |
| b) Only Statement-II is True. |
| c) Both: Statement-I and Statement-II, are True. |
| d) Both: Statement-I and Statement-II, are False. |
| Q4.Rate of premium is based on |
| a) Degree of hazard |
| b) Variations in the degree of hazard |
| c) Past losses experience |
| d) All of the above |
| Q5. ____ are Experts in Inspecting and Evaluating Losses in Specific Areas. |
| a) Evaluators |
| b) Surveyors |
| c) Loss-Assessors |
| d) Claim-Managers |
| Q6.If certain terms and conditions of the policy need to be modified at the time of issuance, it is done by setting out the amendments through ____. |
| a) Warranty |
| b) Endorsement |
| c) Alteration |
| d) Modifications are not possible |
| Q7._____shall have No Jurisdiction in Cases, relating to Third-Party Motor-Vehicle Insurance and Marine Insurance. |
| a) Consumer Commission |
| b) Consumer Authority |
| c) Grievance Redressal Authority (G.R.A.) |
| d) Consumer Group |
| Q8.Which of the following statements is true? (1) the proposer need not disclose facts which he considers as not material. (2) Facts that are of common knowledge need not be disclosed. |
| a) Statement 1 is True |
| b) Statement 2 is True |
| c) Both are true |
| d) Both are false |
| Q9.Which of the following documents are required to process a motor insurance claim? |
| a) Registration Certificate Book |
| b) Police Report |
| c) Driving Licence |
| d) All of the above |
| Q10.Lloyds Coffee House is regarded as the place where insurance started the way it is practiced today. Lloyds is located in ____. |
| a) Bangalore |
| Lloyds Coffee House is regarded as the place where insurance started the way it is practiced today. Lloyds is located in ____. b) Singapore |
| c) London |
| d) Dubai |