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

2) What is the min age to enter into the contract of insurance

3) Claim was settled however full Sum assured not paid though the policy was in force due to

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

5) RAP can do the following

6) Network Hospital to Health Insurance refers to

7) The Foreign Direct Investment (FDI) in Indian Insurance Industry is allowed up to

8) Third Party Administrators operating in Health insurance sector are licensed by

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

10) TPA'S are appointed by Insurance companies to

11) When insurance contract is voidable?

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

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

14) 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?

15) At the time of maturity , quarter of the SA is paid though the policy was in force

16) Consumer Forum at district level will hear complaints up to

17) Motor insurance policy provides protection from _______ .

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

19) What is recovery made from final claim settlement?

20) Legal proof of title is required in claims

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

22) 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 _________ .

23) Consumer Forum at district level will hear complaints up to ______ .

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

25) When an interim bonus is paid under with profit policy. This normally represents a bonus covering what period.

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

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

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

29) The functions of the Insurance Ombudsman include

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

31) Insurance companies are required to honor the awards passed by the insurance Ombudsman within how many days _________ ?

32) In which policy can policy holder take loan?

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

34) What overriding criteria an insurance agent consider while proposing a solution?

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

36) 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

37) a Policy holder takes a insurance contract for 30 years and the SA reduces after 25 years what could be the likely reason

38) Fact finding sheet allows the agent to

39) Pricing element is done by

40) Which of the following risks are insurable?

41) Why does an insurer insist to assess an age proof document? 

42) The KYC document is

43) what frequencies can one take annuity

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

45) Mr. Kumar's wife is suffering from blood cancer. Doctors lost their hope on her live. Mr. Kumar would like to take Life Insurance policy on wife's in order to get monitory benefit. Insurance company rejects this proposal on the grounds of

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

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

48) Omkar Started a pension policy with provider A but ended up in taking the annuity payment from provider B.The result directly reflect the which feature available with this policy

49) Principle of indemnity

50) The Maximum Sum Assured under Janta Personal Accidents is

51) A surveyor should submit his report generally 

52) The most important features of a Valid contract are

53) Life Insurance business was nationalized in India in

54) TPA is licensed by

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

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

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

58) Assignment cancels nomination.

59) Mr A has been approached by the Agent and on fact finding the score is 3 , this represents

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

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

62) A person is holding 100 GOLD ETF certificates . How many grams of GOLD does he Have ?

63) “Jago Grahak Jago" refers to

64) Under Indian Evidence Act 1872 after which Year presumption clause will apply if the person is not heard of

65) A customer while investing in to Recurring deposit or Cumulative deposit what are the key factors which will matter

66) 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 ?

67) The controller of insurance in india is

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

69) If a policy is endorsed under MWP Act the beneficiaries are wife and _____ .

70) An insurer advertises through daily newspapers . What type of marketing is

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

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

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

74) Breaches of Utmost Good Faith occur when there is 

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

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

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

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

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

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

81) While calculating Human life value (HLV) two components need to be kept in mind , the one is take home salary and other is

82) Benefit of a professional insurance market is/ are

83) A variable insurance product offers ________ .

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

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

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

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

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

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

90) Competition amongst insurance companies will be beneficial to the insurance policy holders in the following manner.

91) During a fact finding process the need analyzed were income replacement and children's education but the customer insists on only a child plan for the time being and asks the agent to give him a child plan. The agent should

92) Who is the face of Life Insurance industry?

93) "Life Insurance" business means the

94) Raju is a certified license holder under what circumstances he needs to hold his certified license with him that is issued by IRDA

95) While recommending a solution to the client the advisor should establish the link between client needs and __________ .

96) Universal Life Insurance is a variant of

97) Rupkumar wants to take the commutation option. What is the maximum amount he can withdraw?

98) Group Insurance is a term referred to

99) In insurance contract both parties

100) Persistency has increased from 82 % in previous year to 86 % this year . That means