Insurance MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10

121.
Which of the following reports would reflect on the lifestyle and habits of a proposer?

A. Agents confidential reports

B. Moral hazard report

C. Both A & B

D. None of the above

Answer & Solution Discuss in Board Save for Later

122.
Which of the following is not a medical factor that influence an underwrititer’s decision?

A. Family history

B. Income

C. Personal history

D. Personal characteristics

Answer & Solution Discuss in Board Save for Later

123.
Two measures of a Blood pressure of a person are -

A. Systolic

B. Diastolic

C. Both A & B

D. None of the above

Answer & Solution Discuss in Board Save for Later

124.
Which is a not a personal characteristics contributing to tendency to disease?

A. Build

B. Height

C. Weight

D. Need

Answer & Solution Discuss in Board Save for Later

125.
Whose obligation is to pay claim?

A. Insurer

B. Insured

C. Underwriter

D. Proposer

Answer & Solution Discuss in Board Save for Later

126.
Which of the following is not an event triggering claim?

A. Survival

B. Death

C. Age

D. Surrender

Answer & Solution Discuss in Board Save for Later

127.
Which of the following policy, survival benefits are payable?

A. Whole life

B. Moneyback

C. Endowment

D. Unit Linked

Answer & Solution Discuss in Board Save for Later

128.
Surrender value is a %age of _________

A. Human life value

B. Loan value

C. Paid up value

D. Monetary value

Answer & Solution Discuss in Board Save for Later

129.
Surrender value expressed as a percentage of premiums paid is called –

A. Guaranteed surrender value

B. Special surrender value

C. Special revival value

D. Minimum surrender value

Answer & Solution Discuss in Board Save for Later

130.
Rider benefit is payable subject to policy terms and conditions on the occurrence of a specified _________

A. Contract

B. Event

C. Health

D. Condition

Answer & Solution Discuss in Board Save for Later

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Insurance MCQ Questions and Solutions with Explanations | Commerce

121. Which of the following reports would reflect on the lifestyle and habits of a proposer?

Answer & Solution

122. Which of the following is not a medical factor that influence an underwrititer’s decision?

Answer & Solution

123. Two measures of a Blood pressure of a person are -

Answer & Solution

124. Which is a not a personal characteristics contributing to tendency to disease?

Answer & Solution

125. Whose obligation is to pay claim?

Answer & Solution

126. Which of the following is not an event triggering claim?

Answer & Solution

127. Which of the following policy, survival benefits are payable?

Answer & Solution

128. Surrender value is a %age of _________

Answer & Solution

129. Surrender value expressed as a percentage of premiums paid is called –

Answer & Solution

130. Rider benefit is payable subject to policy terms and conditions on the occurrence of a specified _________

Answer & Solution

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121.
Which of the following reports would reflect on the lifestyle and habits of a proposer?

122.
Which of the following is not a medical factor that influence an underwrititer’s decision?

123.
Two measures of a Blood pressure of a person are -

124.
Which is a not a personal characteristics contributing to tendency to disease?

125.
Whose obligation is to pay claim?

126.
Which of the following is not an event triggering claim?

127.
Which of the following policy, survival benefits are payable?

128.
Surrender value is a %age of _________

129.
Surrender value expressed as a percentage of premiums paid is called –

130.
Rider benefit is payable subject to policy terms and conditions on the occurrence of a specified _________