1) Which plan is suitable for those who cannot afford higher premium now but can afford to pay a higher premium later?

2) RAP can do the following

3) Ethical practices lead to _____ .

4) Publicity and Advertisements material published by Insures should conform to

5) Stand Alone Health Insurance companies market

6) Why the Insurance contracts are voidable?

7) If a person want to maintain emergency funds the best place is a bank or

8) What are the ways by which a policy holder can make complaints?

9) TPA'S are appointed by Insurance companies to

10) Which market areas do Micro Insurance product concentrate

11) What is the stipulated time frame within which an insurer is supposed to respond after receiving any communication from its policy holder?

12) Suresh wants to transfer his physical gold to gold exchange traded fund in relation to access this change will

13) The constituents who participate in deeper penetration of micro insurance and awareness of insurance in rural areas are

14) The insurance company issues ________ after accepting proposal.

15) Group Insurance is a term referred to

16) Two friends have taken same policy but their premiums are different why?

17) If notification of death is received 3 years after death then the claim can be declared

18) After which time limit insurance company is liable to interest to claims?

19) Mr. Customer has taken a policy and died before receiving the document which was dispatched by the insurer.

20) Hari wants a constant life cover till his 31st birthday. But he can't afford to pay high premiums. The best suited products for him would be

21) What to be considered while taking first policy?

22) In a process of completion of an insurance proposal an agent finds that the intention of the proposer was not genuine. In this case what should the agent do?

23) Mr. Raj is married and having 2 children. Which plan can he take that can cover his whole family ?

24) Insurer accepts the risk by charging a fee. Such a fee is called

25) Manish took a loan from Pankaj of Rs. 10 lac Pankaj transferred his Insurance policy of Rs. 10 lakhs to Manish as a security with the agreement that when Loan is fully paid policy title will revert back to Manish. This transfer of right is called:

26) In case of a Paid up policy, what is the claim payable?

27) Sec. 163 (a) of the MV Act deals with the following

28) Which of the following is correct for claim under aqua culture

29) For maturity claims _____ is to be submitted to insurer.

30) Manoj 26 year old is having 7 years old son. What will happen to his monthly disposable income after 15 years of job?

31) Where is the declaration of the proposer contained?

32) ______ includes banks and brokers?

33) License of an agent was withdrawn in June 2010 due to malpractice. He can reapply for his license in

34) As per the norms of risk assessment U/W both the parents of a policy holder died in their early 30s due to Heart disease what is the risk assessed

35) What is recovery made from final claim settlement?

36) The functions of the Insurance Ombudsman include

37) "Life Insurance" business means the

38) A Survey report is necessary for a flood loss under a

39) Against the transferred risk the insured will have to pay a certain amount (consideration) to the insurer which is known as the

40) Insurance is a mechanism of

41) Under the hospital care rider what is the pa out made

42) The risk commencement date of policy is ________ 

43) Legal proof of title is required in claims

44) In fact finding why client's income analysis is necessary

45) Ramesh wants to buy 15 years pension plan for retirement. While calculating gaps required at the end the gratuity amount was completely ignored because he is

46) Claim settled within 1 year of maturity of policy is called

47) Pricing element is done by

48) The fund governed by the rules and regulations of the Employees Provident fund and Miscellaneous provisions Act 1952 When will it be paid to the employees?

49) ______ will be specifically useful in case of annual premium policies compared to monthly mode policies.

50) According to IRDA agents code of conduct what is the best method of showing the amount of commission earned by the advisor?

51) Under Group insurance policy, which of the following is Not correct?

52) Which plan will suits a customer need who is just looking for protection of family

53) An Agent recommends a term plan in keeping with the ethical standards since it was suitable to client's needs. In such a case what is the percentage of commission which he can give as rebate as to beat the competition?

54) In a health insurance plan what the particular feature is likely to cause the insurer to decrease the renewal premium.

55) When a person is investing in a Debt Mutual Fund what is the primary objective?

56) First Information Report (FIR) required for claims due to _______ .

57) A complaint under Consumer protection Act for compensation can be filed within ___ years from the date of cause of action.

58) For composite license an Agent has to complete training for_____Hours.

59) The main protection need of a 19-year-old is most likely to be

60) Which of the following is not an indirect marketing channel ?

61) Term insurance is best suited for the following need.

62) Ramesh aged 35 years is an accountant in a big firm. He wants to buy term insurance plan for 30 years. To avoid higher premium for his age he forges his age proof and submits the proof of age 30 years. This is a case of ________ .

63) Overseas Medical Policy is a type of policy _______ .

64) Malhotra Committee was formed to look into the possibility of opening up ______.

65) Life Insurance business was nationalized in India in

66) Marine Cargo Insurance means

67) Competition amongst insurance companies will be beneficial to the insurance policyholders in the following manner.

68) Motor insurance policy provides protection from _______ .

69) Which of the following risks are insurable?

70) TPA is licensed by

71) Communication may be in ______ .

72) Income replacement methods equates Human Life Value (HLV) to

73) Assignment cancels nomination.

74) Universal Life Insurance is a variant of

75) Consensus ad idem means

76) General Insurance business was nationalized in India in

77) Who is the face of Life Insurance industry?

78) A policy holder takes two insurance policy and the premium amount is identical and he gets lesser commission in one of contract reason is likely to be

79) Limit of nominees can be attached to a term insurance policy

80) In which policy can policy holder take loan?

81) Which of the following is not a type of insurance organization?

82) Utmost good faith envisages a positive duty to disclose accurately all information that are

83) In MWP Act policy claim is paid to

84) Mr. Kunal used to participate in Car race. While taking up the Insurance policy he disclosed this information. What kind of hazard does it refers to _______ .

85) What tax rate if any will be applicable to a life insurance policy holder for the maturity proceeds of a Rs 50,000 life insurance policy?

86) Servicing the policy involves________ .

87) Breaches of Utmost Good Faith occur when there is 

88) The KYC document is

89) When the Health Insurance policy has a co-pay condition, the claim is paid in?

90) Mrs. Sheela received some amount out of her husband's death. In such a situation what will be her prime focus?

91) A variable insurance product offers ________ .

92) When an insurance company is not bound by the terms of the quotation during the set period?

93) When insurance contract is voidable?

94) In a 20 year with profit policy persistency Bonus is paid at the end of

95) Banks as Brokers can sell policies of

96) To ensure that the premiums are paid out of a legitimate source of funds cash is accepted.

97) When an Insurance Company is put to real test?

98) “Jago Grahak Jago" refers to

99) Changes in policy can be made by

100) Mr. Suresh dies one day before the grace period without paying the premium what is the claim a able ?