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Category: IC78 MISCELLANEOUS INSURANCE EXAM – 05

IC78 MISCELLANEOUS INSURANCE EXAM – 05

Que. 1 : Q1) For group health insurance policies, the individual members shall be given credit as per table of waiting period provided, based on the number of years of continuous insurance cover, irrespective of, whether the previous policy had any pre-existing disease exclusion/time bound exclusions. True or false?

   1.  a) True

   2.  b) False

   3.  c) May be true

   4.  d) No such provision exist

Que. 2 : Q2) Fidelity Guarantee Policies cover losses due to fraud by ____________

   1.  a) Employees

   2.  b) Customers

   3.  c) Borrowers

   4.  d) Suppliers

Que. 3 : Q3) Which of the following Statement about Burglary First Loss policy is correct: (i) First loss policies are not full value policies (ii) Pro-rata condition of average is applicable

   1.  a) Statement (i) is correct

   2.  b) Statement (ii) is corrt

   3.  c) Statement (i) & (ii) are correct

   4.  d) None of the above statements is correct

Que. 4 : Q4) Which of the following requisites apply for eligilbility for Overseas Medical Policy of Foreign nationals working in India for Indian Employers of multi-national organization?

   1.  a) Their salary must be in Indian Rupees

   2.  b) Visit abroad for official purposes

   3.  c) Visit abroad is undertaken on behalf of employer

   4.  d) All of the above

Que. 5 : Q5) Which of the following persons are not eligible for Overseas Employment and study policy?

   1.  a) Students prosecuting studies

   2.  b) Students doing research

   3.  c) Construction workers temporarily posted abroad

   4.  d) Software engineers temporarily posted abroad