#1
May 14th, 2016, 09:03 AM
| |||
| |||
IRDA IC 33 Mock Test In Tamil
Hello, I want to take the mock test of the IRDA IC 33 exam and I want the paper of the exam. Please provide me. Hello, here I am providing you the paper of the IRDA IC 33 exam as under: 1 The asset may lose its value if a certain event happens. This chance of loss is called as _________ Peril Pooling Risk contract 2 As per MWP act, claim money is payable to trustee policyholder wife children 3 ___________ is reflected in the caring attitude and individualised attention provided to customers. Assurance Empathy Reliability Responsiveness 4 Features of a valid contract are Consensus ad idem Legality of object of purpose Capability of performance All the above 5 Which statement is true? Nomination can not be applicable in case of MWP Act Assignment cancels nomination Both statements are correct Both statements are incorrect 6 Individual is having need of saving insurance investment All above 7 What does a first premium receipt (FPR) signify? Choose the most appropriate option. Free look period has ended It is evidence that the policy contract has begun Policy cannot be cancelled now Policy has acquired a certain cash value 8 The advantage of Insurance Contract: safe and secure investment provides the discipline that savers require free individual from investment management All above 9 Purpose of underwriting: To prevent anti-selection or selection against the insurer To classify risks and ensure equity among risks All above None of the above 10 ________ as a profession refers to the act of inducing a commercial transaction through inducing the purchase of a product or service, such act being carried out with the intent of earning remuneration. Marketing Selling Advertising Promotion 11 _____________ is the basis of contract Policy bond Proposal form Premium Health report 12 Financial Planning Advisory Services includes Retirement planning Estate planning Tax planning All Above 13 Which of the below losses are covered under keyman insurance? Property theft Losses related to the extended period when a key person is unable to work General liability Losses caused due to errors and omission 14 The stage when one has found employment and perhaps earns enough to meet his or her needs and has some surplus to spare is Learner Earner Partner Parent 15 Following material information that the proposer should disclose while making a life insurance proposal: own medical history family history of hereditary illnesses habits like smoking and drinking All above 16 Which of the below is not a valid consideration for a contract? Money Property Bribe Jewellery 17 The thumb rules of insurance are Dont risk more than you can afford to lose Consider the likely outcomes of the risk carefully Dont risk a lot for a little All above 18 Mahesh has bought a life insurance policy with a critical illness rider. He has made absolute assignment of the policy in favour of Karan. Mahesh suffers a heart attack and there is a claim of Rs. 50,000 under the critical illness rider. To whom will the payment be made in this case? Mahesh Karan The payment will be shared equally by Mahesh and Karan Neither of the two because Mahesh has suffered the heart attack but the 19 Requirements for success in the life insurance agency profession: Being a self-starter Ability to relate with and communicate with people All above None of the above 20 An insurance agent is typically a representative of ______________. Customer Insurance company Government IRDA Last edited by Neelurk; February 10th, 2020 at 12:12 PM. |