IC78 MISCELLANEOUS INSURANCE EXAM - 16
| Q1.Under Sports Insurance cover, indemnity is available in respect of - 1. Loss of sporting equipment 2. Loss of sporting apparel 3. Loss of sporting accessories |
| Only 1 |
| 1 and 2 |
| 1 and 3 |
| 2 and 3 |
| All 1, 2 and 3 |
| Q2.Which type of Dental treatment is excluded in a health policy. 1. Dental treatment or surgery of any kind requiring hospitalization 2. Dental treatment or surgery of any kind not requiring hospitalization 3. Root Canal procedure which gets over in a short period |
| Only 1 |
| Only 3 |
| 1 and 2 |
| 2 and 3 |
| All 1, 2 and 3 |
| Q3.Commercial fidelity guarantee covers against __. |
| A direct pecuniary loss caused as a result of fraud by an employee |
| A consequential loss caused as a result of fraud by an employee |
| Both 1 and 2 |
| A loss arising out of bad accountancy |
| None of the above |
| Q4.Jewelers Block Insurance policy had been specially devised for ___. |
| Establishments dealing solely in Gold |
| Establishments dealing solely in Silver |
| Establishments dealing solely in Diamonds |
| Establishments dealing solely in Platinum |
| Establishments dealing solely in imitation jewelry |
| Q5.The Hut Insurance Scheme provided for paying compensation to very poor families in rural areas when their huts and/or belongings are destroyed by fire. The compensation is: |
| Rs.500 for huts and Rs. 1000 for belongings |
| Rs.1000 for huts and Rs. 5000 for belongings |
| Rs.1500 for huts and Rs. 5000 for belongings |
| Rs.1000 for huts and Rs. 500 for belongings |
| Rs.5000 for huts and Rs. 1000 for belongings |
| Q6.Which of the following is not likely to be covered under the householder’s insurance policy? |
| Loss of or damage to jewelry and valuables caused by accident or misfortune whilst anywhere in India. |
| Personal accident insurance for insured, his spouse, and children |
| Loss of or damage to personal baggage due to accident or misfortune whilst traveling anywhere in India |
| Loss of or damage to personal baggage due to accident or misfortune whilst traveling anywhere across the globe |
| None of the above |
| Q7.A bank has taken Banker’s indemnity insurance cover from an insurance company. The bank suffers a loss due to faulty computer programming. In such a scenario, the maximum claim which the insurer will have to bear is ___. |
| 10% of the basic sum insured |
| 25% of the basic sum insured |
| 25% of each loss or 2 percent of the basic sum insured, whichever is higher, but not exceeding Rs.50,000 |
| 25% of each loss or 2 percent of the basic sum insured, whichever is lower, but not exceeding Rs.50,000 |
| Nil, as such losses are excluded from under the policy |
| Q8.In a PERSONAL ACCIDENT INSURANCE, claims arising out of ____ are/ are not payable on grounds of public policy. 1. Breach of law with criminal intent 2. Liquor or drugs 3. Venereal diseases |
| Only 1 |
| All 1,2 and 3 |
| 2 and 3 |
| Only 2 |
| Only 3 |
| Q 9. Under which section does the shopkeeper's insurance policy provide personal accident cover for the insured and his employees? |
| 2 months |
| 3 months |
| 6 months |
| 9 months |
| 12 months |
| Q10.Treatment for which of these diseases is not covered under the Domiciliary Hospitalisation benefit? 1. Influenza 2. Epilepsy 3. Asthma |
| Only 1 |
| Only 3 |
| 1 and 2 |
| 2 and 3 |
| All 1, 2 and 3 |