IC22 LIFE INSURANCE UNDERWRITING EXAM -11

Q1.Find The Correct Statement
 If The Risk Associated With An Individual Is Considered To Be Higher Than Normal And Cannot Be Insured As Standard Premium Rates By Insurance Cos, It Is Known As Sub Standard Risk
 If The Risk Associated With An Individual Is Considered To Be Higher Than Normal And Can Be Insured As Standard Premium Rates By Insurance Cos, It Is Known As Sub Standard Risk
 If The Risk Associated With An Individual Is Considered To Be Higher Than Normal And Cannot Be Insured As Standard Premium Rates By Insurance Cos, It Is Known As Standard Risk
 If The Risk Associated With An Individual Is Considered To Be Lower Than Normal And Cannot Be Insured As Standard Premium Rates By Insurance Cos, It Is Known As Sub Standard Risk
 none of the above

 

Q2.Which Of The Following Test Can Result In Diagnosis Of A Condition Known As Impaired Glucose Tolerance
 Morning Fasting Glucose Test
 Oral Glucose Tolerance Test
 Prothrombin Test
 Glycosylated Haemoglobin Test
 all of the above

 

Q3.Which factors are not analyzed for underwriting the life insurance cover for an individual?
 Occupation.
 Lifestyle and habits.
Health-related factors.
Foreign traveling.
 None of the above.

 

Q4.If an insurance company accepts a proposal with 25% diminishing lien for 5 years, how much amount will be paid to the nominee in case the insured person dies in the 3rd year from the date of commencement of the policy?
 90% of the sum assured.
 95% of the sum assured.
 85% of the sum assured.
 80% of the sum assured.
 100% of the sum assured.

 

Q5.Morbidity rates are also widely used while designing ___.
 Health insurance.
Long-term care insurance products.
Short-term insurance cover.
 Both (a) & (b)
 Both (b) & (c)

 

Q6.Which is a muscular tube that extends from the pharynx to the stomach in a human digestive system?
 Esophagus.
 Trachea.
 Larynx.
 Fundus.
 Pylorus.

 

Q7.Acute Otitis Media, an ear infection can spread which parts of the body?
 Mastoid.
 Labyrinthitis.
 Meningitis.
 Both (a) & (b)
 All (a),(b)&(c)

 

Q8.If The Infection Is In One Or Both The Kidneys, The Infection Is Called
 Pyelonephritis
 Cystitis
 Glomerulonephritis
 Calculi
 none of the above

 

Q9.Which of the following parts of the brain regulates appetite and also controls body temperature?
 Cerebellum.
 Hypothalamus.
 Thalamus.
 Cerebrum.
 Medulla oblongata.

 

Q10.Which of the following helps the small upcoming insurance company in competing with the bigger insurance companies and managing their financial risks?
 Highly skilled working executives.
 Competitive strategies only.
 Profit earned through premiums.
 Reinsurance arrangements.
 Increasing their retention limit.

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