IC22 LIFE INSURANCE UNDERWRITING EXAM - 01
Q1.Which is the most common permanent treatment of hyperthyroidism? |
Medication. |
Surgery. |
Radioactive iodine therapy. |
Change in lifestyle. |
Chemotherapy. |
Q 2.An individual suffering from asthma and residing in a high-altitude area is seeking insurance cover, in which type of risk category it will be considered by the life insurance company? |
Avocation risk. |
Residential risk. |
Occupational risk. |
Moral hazard risk. |
None of the above. |
Q3.Under which investigation procedure, the applicant is asked to exercise on the treadmill to assess the functional capacity of the heart? |
ECG. |
Cardiac CT. |
Nuclear cardiology. |
Stress test. |
Coronary angiography. |
Q4.Factors on which the retention limits are fixed are: |
Excess of loss, surplus. |
Surplus and risk appetite. |
Excess of loss, size of the company. |
Risk appetite, quota share. |
Quota share, surplus. |
Q5.If a person has taken the child plan with riders then under which condition, premium payments due in the future are waived off by the insurance company? |
Only if the insured person dies who has taken the children's plan. |
If there is a permanent disablement of the life assured which prevents him from gainful employment. |
In the case of total disability of the life insured. |
Only (a) & (c) |
All (a),(b)&(c) |
Q6. Under which type of reinsurance, the case may be sent to more than one reinsurer for competitive offers of insurance cover? |
Treaty. |
Facultative. |
Catastrophe. |
Retention limits. |
Prudent. |
Q7.Does light pass to which part of the eye before hitting the retina? |
Pupil. |
Lens. |
Cornea. |
All the above. |
Only (a) & (b) |
Q8.Which Of The Following Is Not A Digestive System Disease? |
Diabetes Mellitus |
Diarrhea |
Constipation |
Hepatitis |
None |
Q9._____Are Out Pouching Of The Wall Of An Artery That Supplies The Brain Which Can Rupture And Bleed Causing Subarachnoid Haemorrhage |
Arteriovenous Malformation |
Multiple Sclerosis |
Cavernous Malformation |
Brain Aneurysm(Cerebral Aneurysm) |
none |
Q10.For insurance underwriting, risk assessment starts with an assessment of an individual’s__. |
Physical build. |
Personal factors. |
Environmental factors. |
Hereditary factors. |
All the above. |