Question on Theory and Practical on IRDA EXAM Life and General Insurance
1 / 10
The underwriter's function in an insurance company involves.
2 / 10
The principle of utmost good faith in underwriting must be adhered to by ___________.
3 / 10
In ULIPs, who carries the investment risk?
4 / 10
Identify a situation where questioning the necessity of insurance is unnecessary.
5 / 10
Risk transfer through risk pooling is known as _________.
6 / 10
An individual with an aggressive risk profile is likely to adopt a wealth _______ investment approach.
7 / 10
The application document used for making the proposal is commonly known as the __________.
8 / 10
Which of the following methods is a conventional approach to determine an individual's required insurance coverage?
9 / 10
Insurance agent is pass.
10 / 10
At which life stage will an individual value past savings the most?
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