Q 1. _______ represents a hazardous risk.
Q 2. Fill in the blank - The idea of a ______ is to give an inventor the right for a time to stop other companies, or persons trying to make, use or sell an invention, without the expressed permission of the creator/ inventor.
Q 3. Mr. Ankit is covered under Corporate frequent traveller’s endorsement. As per the policy, what can be the maximum duration of any one trip that can be taken by Mr. Ankit abroad?
Q 4. The nature of insured property is an important underwriting consideration in burglary insurance. Which is / are the relevant factors which hold importance in this aspect? 1. The value of the property 2. The volume of the property 3. The weight of the property
Q 5. Which of these is / are exclusions under the Sericulture (silk worm) insurance? 1. Diseases contracted prior to or within 5 days from the date of commencement of risk 2. Loss due to natural mortalities 3. Loss due to improper management
Q 6. Aditya is an asthma patient who can travel. During one of his travels he falls into a street excavation site and breaks his leg. He is shifted to a hospital where he contracts an infectious disease resulting in death. Will his death be covered under personal accident policy?
Q 7. In Plantation insurance, there is no indemnity for losses to the insured plants by - 1. Climatic variations 2. Damage by birds 3. Lightning
Q 8. Under the Bankers Indemnity insurance, the cancellation condition provides for ____ days notice either side, by registered post.
Q 9. Under which arrangement the ceding company reinsures with the treaty reinsurers surpluses over and above its retention in terms, and within the size of, the treaty?
Q 10. ________ diseases are covered under Critical illness cover. 1. Renal failure 2. Multiple sclerosis 3. Cancer
Q 11. Glass means plain glass of ordinary glazing quality and does not include -
Q 12. Mr. Mahesh has taken Commercial fidelity Guarantee to cover any direct financial loss which he may suffer as a result of employees’ dishonesty. He also takes an 'Infidelity of employees' extension. Identify the benefit of this extension.
Q 13. The Office protection shield policy offers coverage under 12 sections. What are the minimum number of sections to be insured by owner?
Q 14. Which of these is included under FLORICULTURE?
Q 15. According to the Principle of Insurable Interest, employers will have __________ . 1. Complete and unlimited insurable interest on the lives of their employees 2. Nil insurable interest on the lives of their employees 3. Insurable interest in the lives of their employees in so far as they would suffer in a pecuniary sense by the death or disablement of their employees
Q 16. In Office protection shield, what are the minimum number of sections to be insured by TENANT?
Q 17. The insurer may cancel the health policy (mediclaim) after a notice period of ____ to the insured.
Q 18. Under the 'Videsh Yatra Mitra' policy, a baggage will be termed as Checked Baggage only if - 1. The baggage must be handed over by the insured person 2. The baggage must be accepted by an airline for an International flight for transportation in the same aircraft as the insured person 3. The airline must provide a baggage receipt for the baggage
Q 19. _______ is / are covered under poultry insurance. 1. Death due to lightning 2. Accident due to lightning 3. Death due to fire
Q 20. Excess loss reinsurance is a ___________ reinsurance agreement
Q 21. Money retained in burglar resisting safe in the insured premises can be covered for a period of more than 48 hours if _______ extension is taken.
Q 22. The Missing Documents Indemnity can be issued for a period of ____ .
Q 23. Which of these importers have to execute a Customs Bond? 1. Persons or corporate bodies who are permitted to import motor cars for their personal use 2. Manufacturers who import essential raw materials on which a concessional customs duty is levied provided they produce an end-use certificate that the imported materials have been consumed in the production of goods originally declared by the manufacturer 3. Suppliers of industrial chemicals imported in special containers who have to export back the containers after using the content
Q 24. A pedal cycle was damaged by fire / explosion. Which policy will offer cover for loss or damage to the pedal cycle ?
Q 25. In Cattle Insurance, Milch Buffaloes can be provided insurance in which of these age limits?
