ICS06 - Motor Insurance (Surveyor) Mock Test 09
Motor insurance survey and claim assessment involves understanding permit conditions, salvage procedures, discounts, vehicle categories, IDV, personal accident cover and compensation multipliers. Use of a vehicle outside its permitted area may constitute a policy breach and can affect insurer liability. Salvage tender documentation forms an important part of the surveyor’s claim file, while salvage disposal committees may be appointed by insurers. Standard policies generally have limitations regarding driving other vehicles. Discounts are primarily applied to own-damage premiums. Surveyors should understand special vehicle categories such as e-rickshaws, IDV calculation, compulsory PA requirements, NCB provisions and age-based multipliers used for motor accident compensation.
1. Use of a vehicle outside the permit area may result in:
a) Possible breach (Pay and Recover)
b) Allowed always
c) Free
d) RTO permission
2. Salvage tender process documentation is part of:
a) Surveyor's claim file
b) Premium file
c) RTO file
d) Driving licence file
3. A ‘hired car’ driven by the insured under driving-other-vehicles provisions is:
a) Not covered under standard policy
b) Covered always
c) Free cover
d) Compulsory
4. Discounts are typically:
a) Applied on OD premium (not TP)
b) Applied on both
c) Applied on TP only
d) Applied on PA only
5. ‘Salvage Disposal Committee’ is:
a) Empanelled by insurer to dispose salvage
b) RTO
c) Police
d) Free
6. An ‘E-rickshaw’ regulated under the Motor Vehicles Act amendment is:
a) Yes - separate category, with insurance applicable
b) No
c) Free
d) Excluded
7. IDV = ?
a) Manufacturer's listed selling price minus depreciation
b) Showroom price
c) Insured's claim value
d) RTO valuation
8. Compulsory Personal Accident (PA) cover for owner-driver became mandatory after a circular issued in:
a) 2010
b) 2018
c) 2020
d) 2022
9. Multiplier for the age group 51–55 is:
a) 10
b) 11
c) 12
d) 13
10. Maximum NCB available is:
a) 35%
b) 45%
c) 50%
d) 65%
