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

2) Compulsory deductible is applicable to

3) Harish takes a life insurance policy for Ramesh. Which of the following statement best describes the principle of Insurable Interest.

4) Changes in policy can be made by ________ .

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

6) Which of the following is not a type of life insurance product?

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

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

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

10) What tax rate, if any, will be applicable to a life insurance policy holder for the maturity proceeds of a Rs 5000 life insurance policy

11) In case of Delay of Claim Settlement under Life Insurance Policy the company shall

12) Who is the customer of a Re insurer ?

13) While Underwriting Mr X proposal , it's found that there has been a CRIMINAL case against him in Fraudulent act .What type of Risk this will be categorized Into ?

14) Zainab takes insurance in the life of Jasmeet. Zainab will be called as

15) Kamal is willing to pay 60000/- per annum for his ULIP policy. What should be the SA in case he wants to avail the tax benefits

16) MWP- If the policy is endorsed under MWP — then the beneficiaries are wife and ______ ?

17) Insurance works on law of

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

19) A claim was submitted & in how many days company should ask for additional documents if required

20) Why is insurance required?

21) why ACR ?

22) "Life Insurance" business means the

23) Who is the primary underwriter of the customer?

24) Life insurance is needed to provide for

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

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

27) A policyholder pays identical premium amount for ULIP and EPF where he gets max tax efficiency

28) Certificate from the village panchayat ___________ .

29) The risk commencement date of policy is ________ 

30) Amit is looking for term insurance plan for protection of his family. he is advised to approach for

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

32) A hazard can be defined as

33) In which policy can policy holder take loan?

34) Breaches of Utmost Good Faith occur when there is 

35) Who is the face of Life Insurance industry?

36) In a claim the customer got much more than the Sum Assured Why ?

37) What is the role of the National Insurance Academy?

38) Appointee's role

39) Sales Target is reduced . Churning will _______.

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

41) Communication may be in ______ .

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

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

44) Valid KYC Know our customer documents are

45) 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 _________ .

46) Complaint council bodies other than IRDA grievance readdress forum & COPA

47) What to be considered while taking first policy?

48) Mr.Sunil is doing premium calculation for his company, as per which authority is his profession related to

49) Copy of the complaint to Airlines for loss of baggage is necessary for claims under

50) what is the special report that is asked by the underwriter from the officer of the insurer

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

52) 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

53) Annual premium of insurance product is Rs. 32,000, 4% loading on Quarterly mode of payment What is the quarterly premium?

54) Risk transfer provides a sense of 

55) Central Government can supersede IRDA through issue of

56) Why the Insurance contracts are voidable?

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

58) Assignment of a policy can be made provided there is ________ .

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

60) What are the ways in which IRDA can be contacted? One is thru toll free number and other is 

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

62) RBI increased interest rates 2 times then the stock prices _______.

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

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

65) Fact finding sheet allows the agent to

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

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

68) Weekly premiums are generally collected for which type/range of plans ?

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

70) TPA'S are appointed by Insurance companies to

71) The delay in settling claim by any insurance co, as per IRDA norms has to pay....% if the present bank interest rate is 5.2%

72) 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

73) Under daily hospitalisation cash benefit scheme the amount payable is increased due to what reason ?

74) Loan is available for a policy in which there is a feature of

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

76) The sole focus during a client's fact-find session was healthcare requirements and estate planning. Which main life stage is he most likely to fall into?

77) A person who receives policy money after the death of a policy holder generally is _____.

78) Who is the primary underwriter of the customer?

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

80) According to IRDA act 1999, central governments involve in insurance industry over

81) Marine Cargo Insurance means

82) Aditya wants to take home loan and his monthly take home is 80,000 what as a best practice should be the maximum EMI

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

84) What is the role of the National Insurance Academy?

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

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

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

88) Mr A is planning to invest and his needs are :
1)  Protection for is Income , during his absence
2) children education

89) Which market does the Micro Insurance Concentrate on ?

90) When insurance contract is voidable?

91) The Maximum Sum Assured under Janta Personal Accidents is

92) What is the maximum level of complaint that can be considered and taken action by ombudsman ?

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

94) Marine Hull business means

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

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

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

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

99) The first insurance company to transact life insurance business in India was

100) The most important features of a Valid contract are