I’m preparing for LIC Agent exam conducted by Insurance Regulatory and Development Authority for that will you please suggest me some tips and also get the paper?

No worries I will suggest you tips along with exam paper of LIC Agent exam conducted by Insurance Regulatory and Development Authority so that you can prepare hard.

Here I’m suggesting you some tips
1.You should make a proper schedule for the examination and follow it every day .This will help you to keep in touch with the topics every day and you will not forget things easily .

2.As there are some numerical based problem so to solve them you have to do lot of practice .You can also use Previous year question papers to practice for the exam.

3.You should know about the different loans rate and also the different policy when you are taking the exams as many questions are directly asked from there .

4.You should have good communication skill .As you have to talk to many people and have to convince them to insurance so for this you should have excellent communication skill .

5.You must have good aims to attract the people and take a policy

Here is the exam paper which help you to prepare
1) The route or process through which a product is carried to the customer is known as _________________

2) Age nearer birthday as on 18/06/2000 of a person with date of birth 28/12/1961 is ________

3) The days of grace for monthly mode of premium is ___________ days.

4) EDLI scheme is linked to the payment of ________________ (Gratuity / Provident fund / pension)

Write yes or no indicate whether the following request will be allowed by the LIC or not.

5) The proposal dated 05.10.2000 for Rs.1,50,000 under table 14-18 requests that the policy be made to commence from 28.03.2000 as the date of birth of the life to be assured is 28.12.1973 .

6) Policy commenced on 01.07.1992 and lapsed because the annual premium due 01.07.1994 was not paid. Request received on 30.06.2000 for revival.

7) Father insuring his son aged 8 under the New CDA plan requests that the son’s life be covered from inception.

8) Policy paid up for Rs.4, 000 matured for payment on 30.09.2000. Policyholder reports that the policy is lost and requests that the claim be settled without advertisement and indemnity bond.

9) Policyholder requests that his Without Profit policy be made a with profits policy

10) Policyholder requests that policy issued with Annual Premium, be brought under the Salary Savings Scheme, as he has now joined a company

11) Policy commenced on 10.07.2000. A request is made on 10.09.2000 that the policy be brought under the M.W.P. Act

True or False
12) A maturity claim will be paid to the nominee.
13) The amount of bonus that vests is the same for all policies issued by the L.I.C.
14) Living too long is a risk.
15) An annuity is the same as a pension.
16) A son has no insurable interest in the father.
17) A sub-standard life is a person below the poverty line
18) An agent is not authorized to collect renewal premium.
19) An agent’s role is over after the policy is issued.
20) The maximum age entry is the same for all plans of insurance