1.
Which of the following are correct?

2.
If there is any delay in settlement of claim within 30 days, other than an early claim, the insurer has to pay _________ rate of interest.

3.
Which of the following are true?
I. Insurance is necessary to cover the risk of living too long.
II. Insurance helps one to be less dependent on others.

4.
When would special reports be necessary?

5.
Identify the correct option(s).