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Category: IC83 GROUP INSURANCE – 15

IC83 GROUP INSURANCE – 15

Que. 1 : Q1) Which is also known as No Evidence Limit?

   1.  a) Dependent Insurance

   2.  b) Riders

   3.  c) Free Cover Limit

   4.  d) Evidence of Insurability

Que. 2 : Q2) Which pension refers to pension payable under normal circumstances/by default?

   1.  a) Life Pension

   2.  b) Normal Pension

   3.  c) Guaranteed Pension

   4.  d) Joint Pension

Que. 3 : Q3) The ___________ paid to agents or corporate agents in respect of a group insurance policy shall not exceed the percentage approved by IRDA.

   1.  a) Norms

   2.  b) Premium

   3.  c) Commission

   4.  d) None of these

Que. 4 : Q4) A NPS subscriber who is not satisfied with the services offered, or has any other grievance, can lodge his compliant using

   1.  a) IGMS

   2.  b) CGMS

   3.  c) SCORES

   4.  d) SAT

Que. 5 : Q5) Insurers in India are often offering which of the following riders?

   1.  a) Accidental death cover

   2.  b) Critical illness cover

   3.  c) Some partial disability benefits

   4.  d) All of the above