Que. 1 : Q1) The Overseas Medical Policy Does not provide indemnity for pre-existing medical condition which is defined as sickness for which the insured person was treated in the preceding ____ months prior to travel.
1. a) 3 months
2. b) 6 months
3. c) 9 months
4. d) 12 moths
Que. 2 : Q2) As per guidelines, an insurance company has to process an insurance proposal within __________.
1. a) 7 days
2. b) 15 days
3. c) 30 days
4. d) 45 days
Que. 3 : Q3) Which of the following is not a standing charge under Consequential loss (fire) policy?
1. a) Salaries
2. b) Office expenses
3. c) Cost of stationery
4. d) Cost of raw materials
Que. 4 : Q4) What is also known as endorsement ?
1. a) Assignments
2. b) Stamping of the policy
3. c) Cover letter
4. d) Policy document
Que. 5 : Q5) On payment of loss, salvage belongs to:
1. a) Surveyors
2. b) Insured
3. c) Insurer
4. d) Local authorities
