IC22 LIFE INSURANCE UNDERWRITING EXAM – 09

Q1.Life Insurance Underwriting Is The Process Of___
 Assessing
 Selecting
 Classifying
 Evaluating &Measuring
 All Above

 

Q2.In reinsurance who becomes the policyholder?
 Insured person.
 Ceding company.
 Reinsurer.
 Both (a) & (b)
 None of the above.

 

Q3.If an individual is suffering from obesity, high blood pressure, and diabetes, then which adverse factor needs to be considered cautiously in insurance underwriting for assessing mortality rate?
 Diabetes.
 Obesity.
 High blood pressure.
The combined effect of all three.
 Only (a) & (c).

 

Q4.Where the most of the cardiac muscles of the heart are found?
 Pericardium.
 Myocardium.
 Epicardium.
 Endocardium.
 None of the above.

 

Q5.Which Of The Following Type Of Hepatitis Can Spread Through Contact With Infected Blood Or Semen
 Hepatitis A
 Hepatitis B
 Hepatitis D
 Hepatitis E
 all of the above

 

Q6.If in case, the predictive mortality does not deviate too much when compared to that indicated in the mortality table provided by the actuaries, what will be the underwriter’s decision?
The underwriter will accept the risk.
The underwriter will accept the risk with special terms.
The underwriter will decline the risk.
The underwriter will postpone the risk.
The underwriter will accept the risk at a high premium.

 

Q7.Which of the following is not a part of the bronchial tree, a part of the lower respiratory system?
 Bronchi.
 Bronchioles.
 Alveoli.
 Larynx.
 None of the above.

 

Q8.If the individual is considered to carry sub-standard risk by an underwriter, then the decision to accept the risk can be based on___.
 The purpose for which the insurance cover is sought.
 The degree or extent of severity of the risk.
 The type of risk: increasing, constant or decreasing.
All the above
 None of the above.

 

Q9.For Which Of The Following Purposes Is A Clinical Review Of A Diabetic Applicant Required By Insurance Cos.
 To Check On Diabetic Stage
 To Look For Evidence Of Diabetic Complications
 To Look For Possible Cure
 To Assess The Damage.
 all of the above

 

Q10.The concept of EMR is applied in the case of sub-standard lives; here “EMR” stands for?
 Excess morbidity rate.
 Extra mortality rise.
 Extra mortality rate.
 Excessive morbidity rise.
 None of the above.

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