1) Insurance companies selling products through newspaper advertisements are called  _________ .

2) Which of the following is not correct about Miscellaneous Insurance?

3) Group Insurance is a term referred to

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

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

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

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

8) What is recovery made from final claim settlement?

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

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

11) License of an agent was withdrawn in June 2010 due to malpractice.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

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

13) Marine Hull business means

14) Banks as Brokers can sell policies of

15) What is the similarity between Recurring Deposits & Commutative deposits in a bank?

16) 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

17) In insurance contract both parties

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

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

20) Claim settled within 1 year of maturity of policy is called ______ .

21) A hazard can be defined as

22) A policy was earlier issued with premium extra where are the details of the customer available.

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

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

25) Insurance works on

26) Overselling of policies results in __________ .

27) 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 _______ .

28) 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?

29) Which market areas do Micro Insurance product concentrate

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

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

32) Who is the Regulator of Mutual Funds in India?

33) TPA is licensed by

34) When can an insurance company give more than % first year commission?

35) Which Act or Regulation provides that the Renewal Commission is payable to the legal heirs of the insurance Agent?

36) An Agent can receive a maximum of ______ % of the premium as commission in the first year.

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

38) What is the advantage of converting physical gold assets to gold ETFs?

39) Customer has opted for a 5 years guaranteed annuity option what will happen to annuity if the customer survives for 5 years after the end of guaranteed period.

40) The insurer can accept premium of Rs. 60,000 by 

41) In which policy can policy holder take loan?

42) In Group Insurance who is the Master Policy holder?

43) Tariff Advisory Committee has been formed under

44) Which of the following does not form part of the regular function of IRDA?

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

46) Life insurance is needed to provide for

47) Claim amount received under CIBR rider can be spend for

48) TPA'S are appointed by Insurance companies to

49) Where is the declaration of the proposer contained?

50) Motor insurance policy provides protection from _______ .

51) Premium paid under a policy not to exceed _____ Percentage of sum insured to claim full tax exemption.

52) The award of the ombudsman is _________ .

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

54) Cashless facility means

55) When the intermediary approaches 20 probable buyers _______may go to actual buying insurance?

56) 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

57) IGMS is platform for registering complaints & mandatory to be used by

58) Ramesh aged 35 years is an accountant in a big firm. He want to buy term insurance plan for 30 years. To avoid higher premium for his age proof and submit the proof of age 30 years. This is a case of _________ .

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

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

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

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

63) If a person wants to maintain emergency funds the best place is a bank or _____ .

64) Which pIan covers the NSK of living too long?

65) What is the maximum cover that can be provided in micro insurance Life ?

66) 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:

67) Rama bought an insurance policy in the year 2002 and did not disclose that she was suffering from cancer. She died in the year 2007. The insurance company ______ . 

68) Valid KYC Know our customer documents are

69) Legal proof of title is required in claims

70) The Hospitals having tie up arrangements with TPA are called _________ .

71) The basic threats which all of us may encounter to vanned extent are _______.

72) When the thumb impression of the proposer taken on the proposal form?

73) The risk commencement date of policy is ________ 

74) General Insurance business was nationalized in India in

75) Stand Alone Health Insurance companies market

76) Fact finding sheet allows the agent to

77) The method of paying bonus in life insurance can be ________ .

78) ______ includes banks and brokers?

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

80) Why the Insurance contracts are voidable?

81) ________ comes into existence when one party makes an offer which the other party accepts unconditionally.

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

83) “Jago Grahak Jago" refers to

84) What to be considered while taking first policy?

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

86) Discharge Voucher is to be submitted at the time of _________ .

87) Communication may be in ______ .

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

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

90) A variable insurance product offers ________ .

91) Which of the following is not Standard proof of age?

92) Family floater health insurance pIan covers

93) What is the limit of tax benefit that can be availed of under Section 80C?

94) Consumer Forum at District level will hear complaints up to ________ .

95) The most important features of a Valid contract are

96) In MWP Act policy claim is paid to

97) Assessment of needs does not include

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

99) Who is the face of Life Insurance industry?

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