Kindly provide me the Insurance Institute of India Associate exam Solved question papers………

This is the Insurance Institute of India Associate exam Solved question paper:

Fill in the Blanks using the appropriate word(s) (Checking understanding - Indirect)
i. The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers a. Subrogation b. Contribution c. Co-insurance d. Indemnity e. Particular Average Ans: b. Contribution


ii. The principle of average applies when the value is _____________ in the proposal a. Understated b. Overstated c. Not ascertainable d. Negligible e. Only sentimental Ans: a. Understated

iii. Fidelity Guarantee Policies cover losses due to fraud by ____________ a. Employees b. Customers c. Borrowers d. Suppliers e. Financiers Ans: a. Employees