IC22 LIFE INSURANCE UNDERWRITING EXAM – 06

Q1.Which factor will determine the exposure of an individual to residential risk in life insurance?
 Duration of the stay.
 Quality of lifestyle.
 Source of income.
The appetite of an individual.
 None of the above.

 

Q2.While underwriting the insurance cover, the concept of extra mortality is applied in the case of___.
 Standard lives.
 Sub-standard lives.
 Highly sub-standard lives.
 Totally sub-standard lives.
 Both (c) & (d)

 

Q3.Which of the following are the common terminology and investigations of the digestive tract?
 Heartburn.
 Hematemesis.
 Dysphagia.
 Jaundice.
 All the above.

 

Q4.If in a life insurance proposal, the morbidity risk is high, then what will be the decision of the insurance company?
The company will issue the cover with an extra premium.
 The company will exclude critical illness riders and will issue the base cover.
The company will reject the policy as the risk is high.
 The company will include riders with base insurance cover.
The company will postpone the cover for a certain period of time till the risk gets low.

 

Q 5. The source from which underwriters can gather information for assessing risk is:
 Insurance agent’s confidential report.
 Medical history.
 Form no. 16.
 Only (a) & (b)
 All the above.

 

Q6.Blood is the life maintaining fluid that circulates through__.
Heart, arteries, and veins.
 Arteries and veins.
Heart, Arteries, veins, and capillaries.
Arteries, veins, and capillaries.
 Heart and capillaries.

 

Q 7.Which of the following diagnostic procedures are considered for nervous system disorders?
 Electroencephalogram.
 Magnetic resonance imaging.
 Positron emission tomography.
Electrodiagnostic tests.
 All the above.

 

Q8.Which of the following part of the digestive system releases the lipase enzyme which is required for digestion?
 Liver.
 Small intestine.
 Pancreas.
 Stomach.
 Gall bladder.

 

Q 9. A common reason to purchase the personal insurance cover is to_.
 To replace the income stream of the decedent.
 To save the part of income for future use.
 To minimize his expenditure limit.
 To free himself from paying taxes.
 None of the above.

 

Q10.If the kidneys are suddenly unable to function, BUN and Cr increase daily. Here “BUN” stands for?
 Both urea and nitrogen.
 Blood urea nitrogen.
 Blood in urine with nitrogen.
 Blood urea normal level.
 None of the above.

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