IC38 - HEALTH INSURANCE AGENT EXAM - 13
| Q1.Risk transfer through risk pooling is called__. |
| a) Savings |
| b) Investments |
| c) Insurance |
| d) Transfer |
| Q2.Redressal of Public Grievances Rules 1998 came into force on |
| a) 12th October 1991 |
| b) 11th November 1998 |
| c) 13th December 1997 |
| d) 14th September 1983 |
| Q3.Which policy provides cover for loss of Gross Profit due to stoppage of production? |
| a) Consequential Loss Policy |
| b) Long Term Policy |
| c) Reinstatement Value Policy |
| d) Declaration Policy |
| Q4.Which One of the Following, is Notand nbsp; an Example of Non-Verbal Communication? |
| a) Signaling Okay with a Hand- Gesture. |
| b) Gesturing in an Empty Room. |
| c) Wearing Jewellery. |
| d) Raising Your Voice. |
| Q5.Identify the Choice, which relates to In-Accurate Statements, which are made with Any Fraudulent Intention. |
| a) Representation |
| b) Mis-Representation |
| c) Coercion |
| d) Fraud |
| Q6.Which One of the Following Statements, is Incorrect, with Regard to Numerical Rating Method of Underwriting? |
| a) Under this Method, Underwriters assign the Positive Rating-Points for All Negative or Adverse Factors. |
| b) Under this Method, Underwriters assign the Positive Points for Any Positive or Favourable Factors. |
| c) Under this method, the Total Number of Points, so assigned, will decide How Much Extra-Mortality-Rating (E.M.R.), has been given. |
| d) Under this method, if the Extra-Mortality- Rating (E.M.R.) is Very High, Insurance may even be declined. |
| Q7.The Probability of an Individual, Suffering from a Chronic Ailment, is Higher in me. Infants. II. Young Adults. III. Adults, Beyond the Age of 45 Years. |
| a) Only III. |
| b) I and II. |
| c) I and III. |
| d) I, II, and III. |
| Q8.Hospitals where treatment under Health Insurance is taken__ |
| a) Should be duly licensed and registered |
| b) Should have a minimum of 15 beds in case of Metros and Larger cities and 10 beds in case of smaller towns |
| c) Should be under the supervision of registered medical practitioners |
| d) All of the above |
| Q9.Insurance Agents, who hold the Licence to act as Agents for Both: Life Insurer, General Insurer, Health Insurer, and Each of the Two Mono-Line Insurers, are called --. |
| a) Brokers |
| b) Corporate Agents |
| c) Third-Party Administrators (T.P.A.s) |
| d) Composite Insurance Agents |
| Q10.Of the following which is an optional cover under industrial al Risks policy. |
| a) Machinery Breakdown policy |
| b) Electronic Equipment policy |
| c) Business Interruption (Machinery Breakdown |
| d) Business Interruption (fire and Special Perils |
