IC78 MISCELLANEOUS INSURANCE EXAM - 04
| Q1.Which form is sent with the main object of ascertaining the applicant’s integrity and honesty, the extent of his duties with the previous employers, and the reasons for leaving them? |
| Secret Referral Form |
| Confidential Employer Form |
| Applicants Form |
| Previous Employer’s Form |
| Private Reference Form |
| Q2._____ means a person legally qualified to practice in medicine or surgery including other legally qualified medical practitioners duly licensed by their respective jurisdiction and such person is not a member of the insured person’s family. |
| TPA |
| Physician |
| Claim settlement agency |
| Medical advisors |
| Nurse |
| Q3.If the insured cancels the Bankers’ indemnity insurance policy, the premium is refunded on ____. |
| Short Period scale basis |
| Long Period scale basis |
| Audit Basis |
| Pro-rata Basis |
| Random Basis |
| Q4.Proportional reinsurance agreements do not include __. |
| Pool basis agreements |
| Quota share agreements |
| Surplus share agreements |
| Stop-loss agreements |
| All of the above |
| Q5.The term Medical Practitioner would not include ____. |
| Physician |
| Surgeon |
| Specialist |
| Nurse |
| All of the above |
| Q6.Which of these statements is/are correct with respect to Horse Insurance Policy? 1. A group discount is granted if a large number of horses, are to be covered under a single policy 2. Premium under the policy is based on the sum insured, use, and the age of the horse 3. A horse is regarded as having reached the age of one year on the first January following the date of birth, irrespective of the month of the previous year in which it was born |
| Only 1 |
| Only 2 |
| 1 and 3 |
| 2 and 3 |
| All 1, 2 and 3 |
| Q7.Burglary and Theft cover |
| Burglary and Theft cover |
| Withdrawals from ATMs cover |
| Kidnap and Ransom Insurance |
| Identity theft cover |
| Intellectual Property Insurance |
| Q8.In the case of Sheep and Goat insurance, the premium charged for indigenous animals is ____. |
| 2.00% |
| 3.00% |
| 4.00% |
| 5.00% |
| 6.00% |
| Q8.Standard policy wordings for Cattle Insurance as per the specimen incorporated in the Agreement provided for indemnity only for death due to - 1. Surgical Operations 2. Riot and Strike 3. Accident |
| All 1, 2 and 3 |
| Only 3 |
| Only 1 |
| 1 and 2 |
| 1 and 3 |
| Q9.Which coverage protects companies for the patent, copyright, or trademark infringement claims arising out of the company's operation? |
| Identity theft cover |
| Intellectual Property Insurance |
| Money policy to individuals for withdrawals from ATMs |
| E-Commerce insurance/Web business insurance |
| Kidnap and ransom insurance |
| Q 10.‘Poultry’ for the purpose of insurance refers to which of the following? |
| Exotic birds only |
| Cross Bred birds only |
| Exotic and Crossbred parent stock |
| Indian birds only |
| None of the above |