Tag: #LICExam

IC01 Mock Test

3

This set of IC01 Licentiate questions covers key concepts of insurance principle...

What is the amount of remuneration paid to a distributor for soliciting and acquiring insurance on behalf of the insurance companies?

Interest rate

Dividend rate

Commission rate

None of these

Please select an option!

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What is the amount of remuneration paid to a distributor for soliciting and acquiring insurance on behalf of the insurance companies?

Total Vote: 857

Interest rate

19.5 %

Dividend rate

12.7 %

Commission rate

59 %

None of these

8.8 %