ICS07 - Miscellaneous Insurance (Surveyor) Mock Test 06
This set of questions covers important concepts under ICS07 – Miscellaneous Insurance (Surveyor), including tertiary care insurance, Neon Sign Insurance, Videsh Yatra Mitra, horticultural crops, personal accident insurance, poultry farming, critical illness insurance, reinsurance, and Plate Glass Insurance. The questions examine policy periods, premium installment options, insured perils, policy commencement, agricultural and horticultural classifications, the principle of insurable interest, challenges faced by poultry farmers, diseases covered under critical illness policies, and non-proportional reinsurance arrangements. Plate Glass Insurance terminology and coverage of different types of glass are also addressed. These questions help candidates understand specialized insurance products, policy conditions, coverage, and underwriting principles.
1. Tertiary Care Insurance Cover can be issued for a period of ______.
- 5 years
- 1 year
- 10 years
A) Only 1
B) Only 2
C) 1 and 3
D) 2 and 3
E) All 1, 2 and 3
2. In Tertiary Care Insurance, the long-term group policy premium can be paid in installments. The number of installments for a 10-year policy are ______.
A) 2
B) 3
C) 4
D) 5
E) 6
3. In the case of Neon Sign Insurance, the insurance is in respect of loss or damage to the neon sign installation by which of the following?
A) External explosion
B) Accidental external means
C) Lightning
D) Theft
E) All of the above
4. In case of Videsh Yatra Mitra insurance, is valid from ______.
A) 1st day of insurance
B) 7th day of insurance
C) 10th day of insurance
D) 14th day of insurance
E) 21st day of insurance
5. Which of the following is not a type of horticultural crop?
A) Mangoes
B) Banana
C) Grapes
D) Apple
E) None of the above
6. "A person is deemed to have an unlimited interest in his own life" — What is this known as in respect to a Personal Accident Insurance policy?
A) Principle of Indemnity
B) Principle of Utmost Good Faith
C) Principle of Subrogation
D) Principle of Insurable Interest
E) Principle of Contribution
7. In poultry farming, small farmers face problems related to:
- Input supplies
- Veterinary aid
- Marketing services
A) Only 1
B) Only 3
C) 1 and 3
D) 1 and 3
E) All 1, 2 and 3
8. ______ diseases are covered under Critical Illness Cover.
- Renal failure
- Multiple sclerosis
- Cancer
A) 1 and 2
B) 2 and 3
C) 1, 2 and 3
D) Only 3
E) 1 and 3
9. Identify which of these is/are Non-Proportional type of reinsurance.
- Pool basis
- Excess of loss
- Stop loss basis
A) Only 1
B) Only 2
C) 1 and 2
D) 2 and 3
E) All 1, 2 and 3
10. As per Plate Glass Insurance, unless specifically stated in the schedule of the policy, glass means:
- Plain glass of ordinary glazing quality
- Glass with embossing, silvering and lettering
- Glass with ornamental work
A) Only 1
B) Only 3
C) 1 and 2
D) 1 and 3
E) All 1, 2 and 3
