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Recent questions tagged insurance
1
answer
Which of the following statements is incorrect in respect of brokers?
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
incorrect-statement
insurance-broker
irda-license
insurable-interest
1
answer
Regarding ‘Exclusions’ find out the incorrect statement.
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
exclusions
incorrect-statement
insurance-policy
1
answer
Which of the following terms matches closest with ‘Asbestosis’?
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
asbestosis
products
pension
poor-weather
1
answer
Which of the following types of insurances is dissimilar to the other four options?
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
builder-risk-insurance
hut-insurance
crop-insurance
1
answer
Which of the following covers is dissimilar to the other four options?
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
loss-of-passport
loss-of-profits
baggage
flight
1
answer
A Surveyor’s role includes:
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
surveyor
admissibility-of-loss
quantification-of-loss
1
answer
Members of the Insurance Advisory Committee are drawn to represent the interests of different groups like:
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-advisory-committee
surveyors
insurance-agents
1
answer
Which of the following terms matches closest with ‘Composite Policy’?
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
composite-policy
shopkeepers-insurance
janata-personal-accident-insurance
1
answer
________ principle in insurance means maximum truth.
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
maximum-truth
subrogation
causa-proxima
1
answer
The document which embodies the contract in insurance is called____________
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
document
contract-in-insurance
security
insurance-policy
1
answer
Insurance cannot prevent the occurrence of risk but it provides for the_________
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
prevent-accident
risk-free
1
answer
Which of the following terms matches closest with ‘Professional indemnity cover’?
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
professional
hospital
insurance-company
bank
1
answer
Select the expanded form of ALOP used in insurance
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
alop
alop-full-form
advance-loss
profits-insurance
1
answer
Select the expanded form of FPA as used in insurance
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
fpa
fpa-full-form
freight
1
answer
In ‘Hit and Run’ cases, claims are settled from _______
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
hit-and-run
claim
solatium-fund
irda
1
answer
The minimum paid up capital required for a General Insurance Company is Rs. ____
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
capital-account
general-assurance
1
answer
Which of the following types of insurances is mandatory?
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-type
motor-own-damage
product-liability
1
answer
Which clause specifies the perils insured in a scheduled form of policy?
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
clause
perils
policy
preamble-clause
1
answer
Time Policies relate to:
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
time-policies
fire-insurance
hull-insurance
1
answer
The Third Party Administrator’s role mainly involves
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
third-party
canvassing-business
insurers
1
answer
As per the Insurance Act, every insurer has to prepare at the end of financial year
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-act
financial-year
balance-sheet
1
answer
As per structured formula under the Motor Vehicle Act, victims of fatal injuries are paid compensation on the basis of:
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
motor-vehicles-act
associated-with-fatal
1
answer
Which of the following terms is dissimilar to the other four in the context of death claims in life insurance?
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
life-insurance
life-insurance-plan
death-claims
early-claims
foreclosure
1
answer
Which of the following terms is dissimilar to the other four in the context of insurable interest in life insurance?
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurable-interest
employer
creditor
1
answer
Find out which of the given statements is incorrect
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
incorrect-statement
accounts-department
marketing
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