ICS07 - Miscellaneous Insurance (Surveyor) Mock Test 17
This set of questions covers important topics under ICS07 – Miscellaneous Insurance (Surveyor), including Personal Accident Insurance, Commercial Fidelity Guarantee, Plate Glass Insurance, Videsh Yatra Mitra, Cancer Medical Expense Policy, Sports Insurance, Honey Bee Insurance, Pig Insurance, and Rajarajeshwari Mahila Kalyan Yojana. The questions examine the responsibility for substantiating claims, benefits of the Money at Business Counter extension, insurer rights regarding salvage and replacement of broken glass, the meaning of valuables under travel insurance, eligibility for cancer medical expense coverage, sports excluded from insurance, Honey Bee Insurance exclusions, minimum age for pig insurance, maximum age under Sports Insurance, and coverage provided under Rajarajeshwari Mahila Kalyan Yojana.
1. In Personal Accident Insurance, the onus of substantiating a claim under the policy rests on the ______.
A) Insured
B) Insurer
C) Underwriter
D) Surveyor
E) Both 1 and 2
2. “The advantage of taking ‘Money at Business Counter’ extension along with Commercial Fidelity Guarantee is ______.”
- Money in till or on counter in the insured’s premises during business hours can be covered.
- Cover is generally granted against the risk of hold-up.
- Hold-up means theft accompanied by violence by any person other than an employee of the insured.
A) Only 1
B) Only 2
C) Only 3
D) Both 2 and 3
E) All 1, 2 and 3
3. What are the rights of the insurer in the event of a claim in Plate Glass Insurance?
- All salvage glass shall be the property of the insurers.
- The insurers can pay the claim amount in cash for the intrinsic value of the broken glass.
- The insurers can make replacement by glass of similar manufacture and quality.
A) Only 2
B) Only 3
C) 1 and 2
D) 1 and 3
E) All 1, 2 and 3
4. Under the Videsh Yatra Mitra Policy, Valuables would mean:
- Antiques
- Jewellery
- Furs
A) Administration Bond
B) Excise Bond
C) Debenture Bond
D) Custom Bond
E) Liquidators Bond
5. Pick the correct statement with regards to Cancer Medical Expense Policy (Indian Cancer Society).
A) It is available to anyone who is a member of Indian Cancer Society
B) It is available to anyone who is a member of Indian Cancer Society and not a cancer patient/potential cancer patient at inception
C) It is available to any Indian citizen
D) It is available to anyone who is a member of Indian Cancer Society and a Government employee
E) It is available to anyone who is a member of Indian Cancer Society and from poor financial status as defined
6. The Sports Insurance cover is not available in respect of which of the following sport?
A) Badminton
B) Cricket
C) Lawn Tennis
D) Football
E) Golf
7. Which of these are exclusions in Honey Bee Insurance?
- Natural mortality
- Any destruction as required by any order of Government/Municipal authority
- Neglect or improper management
A) 1 and 2
B) 1 and 3
C) 2 and 3
D) All 1, 2 and 3
E) Only 1
8. The minimum age of a pig eligible for insurance cover is ______.
A) 2 years
B) 1 year
C) 9 months
D) 6 months
E) 4 months
9. In Sports Insurance, what can be the maximum age of the insured?
A) 40 years
B) 50 years
C) 60 years
D) 70 years
E) 80 years
10. What does the Rajarajeshwari Mahila Kalyan Yojana Policy provide coverage for?
A) Loss or damage to household goods
B) Medical expenses during hospitalization
C) Death or permanent disablement of women
D) Educational expenses for children
E) Accidental damage to vehicles
