IC38 - HEALTH INSURANCE AGENT EXAM - 13

Q1.Risk transfer through risk pooling is called__.
   a) Savings
   b) Investments
   c) Insurance
   d) Transfer
 
Q2.Redressal of Public Grievances Rules 1998 came into force on
  a) 12th October 1991
  b) 11th November 1998
  c) 13th December 1997
  d) 14th September 1983
 
Q3.Which policy provides cover for loss of Gross Profit due to stoppage of production?
   a) Consequential Loss Policy
   b) Long Term Policy
   c) Reinstatement Value Policy
   d) Declaration Policy
 
Q4.Which One of the Following, is Notand nbsp; an Example of Non-Verbal Communication?
  a) Signaling Okay with a Hand- Gesture.
   b) Gesturing in an Empty Room.
   c) Wearing Jewellery.
   d) Raising Your Voice.
 
Q5.Identify the Choice, which relates to In-Accurate Statements, which are made with Any Fraudulent Intention.
   a) Representation
   b) Mis-Representation
   c) Coercion
   d) Fraud
 
Q6.Which One of the Following Statements, is Incorrect, with Regard to Numerical Rating Method of Underwriting?
   a) Under this Method, Underwriters assign the Positive Rating-Points for All Negative or Adverse Factors.
   b) Under this Method, Underwriters assign the Positive Points for Any Positive or Favourable Factors.
  c) Under this method, the Total Number of Points, so assigned, will decide How Much Extra-Mortality-Rating (E.M.R.), has been given.
  d) Under this method, if the Extra-Mortality- Rating (E.M.R.) is Very High, Insurance may even be declined.
 
Q7.The Probability of an Individual, Suffering from a Chronic Ailment, is Higher in me. Infants. II. Young Adults. III. Adults, Beyond the Age of 45 Years.
   a) Only III.
   b) I and II.
   c) I and III.
   d) I, II, and III.
 
Q8.Hospitals where treatment under Health Insurance is taken__
   a) Should be duly licensed and registered
  b) Should have a minimum of 15 beds in case of Metros and Larger cities and 10 beds in case of smaller towns
  c) Should be under the supervision of registered medical practitioners
   d) All of the above
 
Q9.Insurance Agents, who hold the Licence to act as Agents for Both: Life Insurer, General Insurer, Health Insurer, and Each of the Two Mono-Line Insurers, are called --.
   a) Brokers
   b) Corporate Agents
   c) Third-Party Administrators (T.P.A.s)
   d) Composite Insurance Agents
 
Q10.Of the following which is an optional cover under industrial al Risks policy.
   a) Machinery Breakdown policy
   b) Electronic Equipment policy
   c) Business Interruption (Machinery Breakdown
   d) Business Interruption (fire and Special Perils

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