IC22 LIFE INSURANCE UNDERWRITING EXAM -10
| Q1.The mortality rate is the ratio of total death for a specified period of time, which is usually__. |
| A year. |
| A month. |
| For 15 days. |
| For 3 months. |
| For a maximum of 6 months. |
| Q2.Which of the gastric juices are secreted by the stomach, which helps in liquefying the food and preparing it for the intestine? |
| Hydrochloric acid. |
| Digestive enzymes. |
| Saliva. |
| Both (a) & (b) |
| Both (b) & (c) |
| Q3.Which of the following factors related to glaucoma, an eye disorder would influence the underwriting decision for Life Insurance? |
| Cause of glaucoma. |
| Effects on applicant's occupation. |
| The degree of visual impairment. |
| Only (a) & (c) |
| All (a),(b)&(c) |
| Q4.In which way an insurance company can communicate it terms of acceptance to the life insured? |
| Policy contract. |
| FPR. |
| Proposal form. |
| Insurance application. |
| Agents. |
| Q5.Which is the colored part of the eye that regulates the amount of light? |
| Retina. |
| Cornea. |
| Iris. |
| Lens. |
| Sclera. |
| Q 6. Which of the following test is not used in India as a pre-insurance screening tool? |
| Gene tests. |
| Medico-legal test. |
| Fasting plasma glucose |
| Electrocardiogram. |
| None of the above. |
| Q7.The Inadequate Supply Of Oxygen In The Tissues Produces The Symptoms Of__ |
| Inadequate Production Of Red Blood Cells |
| Anemia |
| Blood Loss |
| Excessive Destruction Of Red Blood Cells. |
| none |
| Q8.Acute otitis media is an acute inflammation of the ___. |
| Middle ear. |
| Inner ear. |
| Outer ear. |
| Ear canal. |
| Eustachian tube. |
| Q9.Which of the following is not an advantage of the Numerical Rating Method? |
| It eliminated the personal judgment of the underwriter to a large extent. |
| It helps in assessing the combined effect of multiple adverse factors together. |
| This method involves charging a level extra premium for the sub-standard lives throughout the policy contract. |
| It increases speed and efficiency in handling large volume of business. |
| All the above statements are true. |
| Q10.In centralized processing of underwriting, most of the processing with regard to policy issuance is done at ____ of an insurance company. |
| Head office. |
| Regional office. |
| Branch office. |
| Both (a) & (b). |
| Both (b) & (c). |