IC22 LIFE INSURANCE UNDERWRITING EXAM - 06
| Q1.Which factor will determine the exposure of an individual to residential risk in life insurance? |
| Duration of the stay. |
| Quality of lifestyle. |
| Source of income. |
| The appetite of an individual. |
| None of the above. |
| Q2.While underwriting the insurance cover, the concept of extra mortality is applied in the case of___. |
| Standard lives. |
| Sub-standard lives. |
| Highly sub-standard lives. |
| Totally sub-standard lives. |
| Both (c) & (d) |
| Q3.Which of the following are the common terminology and investigations of the digestive tract? |
| Heartburn. |
| Hematemesis. |
| Dysphagia. |
| Jaundice. |
| All the above. |
| Q4.If in a life insurance proposal, the morbidity risk is high, then what will be the decision of the insurance company? |
| The company will issue the cover with an extra premium. |
| The company will exclude critical illness riders and will issue the base cover. |
| The company will reject the policy as the risk is high. |
| The company will include riders with base insurance cover. |
| The company will postpone the cover for a certain period of time till the risk gets low. |
| Q 5. The source from which underwriters can gather information for assessing risk is: |
| Insurance agent’s confidential report. |
| Medical history. |
| Form no. 16. |
| Only (a) & (b) |
| All the above. |
| Q6.Blood is the life maintaining fluid that circulates through__. |
| Heart, arteries, and veins. |
| Arteries and veins. |
| Heart, Arteries, veins, and capillaries. |
| Arteries, veins, and capillaries. |
| Heart and capillaries. |
| Q 7.Which of the following diagnostic procedures are considered for nervous system disorders? |
| Electroencephalogram. |
| Magnetic resonance imaging. |
| Positron emission tomography. |
| Electrodiagnostic tests. |
| All the above. |
| Q8.Which of the following part of the digestive system releases the lipase enzyme which is required for digestion? |
| Liver. |
| Small intestine. |
| Pancreas. |
| Stomach. |
| Gall bladder. |
| Q 9. A common reason to purchase the personal insurance cover is to_. |
| To replace the income stream of the decedent. |
| To save the part of income for future use. |
| To minimize his expenditure limit. |
| To free himself from paying taxes. |
| None of the above. |
| Q10.If the kidneys are suddenly unable to function, BUN and Cr increase daily. Here “BUN” stands for? |
| Both urea and nitrogen. |
| Blood urea nitrogen. |
| Blood in urine with nitrogen. |
| Blood urea normal level. |
| None of the above. |