IC22 LIFE INSURANCE UNDERWRITING EXAM - 01
| Q1.Which is the most common permanent treatment of hyperthyroidism? |
| Medication. |
| Surgery. |
| Radioactive iodine therapy. |
| Change in lifestyle. |
| Chemotherapy. |
| Q 2.An individual suffering from asthma and residing in a high-altitude area is seeking insurance cover, in which type of risk category it will be considered by the life insurance company? |
| Avocation risk. |
| Residential risk. |
| Occupational risk. |
| Moral hazard risk. |
| None of the above. |
| Q3.Under which investigation procedure, the applicant is asked to exercise on the treadmill to assess the functional capacity of the heart? |
| ECG. |
| Cardiac CT. |
| Nuclear cardiology. |
| Stress test. |
| Coronary angiography. |
| Q4.Factors on which the retention limits are fixed are: |
| Excess of loss, surplus. |
| Surplus and risk appetite. |
| Excess of loss, size of the company. |
| Risk appetite, quota share. |
| Quota share, surplus. |
| Q5.If a person has taken the child plan with riders then under which condition, premium payments due in the future are waived off by the insurance company? |
| Only if the insured person dies who has taken the children's plan. |
| If there is a permanent disablement of the life assured which prevents him from gainful employment. |
| In the case of total disability of the life insured. |
| Only (a) & (c) |
| All (a),(b)&(c) |
| Q6. Under which type of reinsurance, the case may be sent to more than one reinsurer for competitive offers of insurance cover? |
| Treaty. |
| Facultative. |
| Catastrophe. |
| Retention limits. |
| Prudent. |
| Q7.Does light pass to which part of the eye before hitting the retina? |
| Pupil. |
| Lens. |
| Cornea. |
| All the above. |
| Only (a) & (b) |
| Q8.Which Of The Following Is Not A Digestive System Disease? |
| Diabetes Mellitus |
| Diarrhea |
| Constipation |
| Hepatitis |
| None |
| Q9._____Are Out Pouching Of The Wall Of An Artery That Supplies The Brain Which Can Rupture And Bleed Causing Subarachnoid Haemorrhage |
| Arteriovenous Malformation |
| Multiple Sclerosis |
| Cavernous Malformation |
| Brain Aneurysm(Cerebral Aneurysm) |
| none |
| Q10.For insurance underwriting, risk assessment starts with an assessment of an individual’s__. |
| Physical build. |
| Personal factors. |
| Environmental factors. |
| Hereditary factors. |
| All the above. |