Insurance Questions and Answers



Recent Questions :: Insurance

100 QuestionsPage 1 of 10.

Part of Non-Government Organisations in Insurance

The Non-Government Organisations (NGO) help the Insurance Industry immensely in?

Asked by: Asit Mandi on Jan 20, 2021.EDIT

Plan for Weekly Premiums

Weekly premiums are generally collected for which type of plans?
(a) Bancassurance
(b) Health plans
(c) Micro Insurance
(d) Term Insurance.

Asked by: Pawa on Dec 3, 2020.EDIT

Application of Indemnity

The principle of indemnity is applicable to?

Asked by: Pawa on Dec 3, 2020.EDIT

Insurance for the Car Racer

Mr. Kunal used to participate in a Car race. While taking up the Insurance policy he disclosed this information. What kind of hazard does it refer to?

Asked by: Arjun Singh on Nov 14, 2020.EDIT

Maximum Coverage of Microinsurance

What is the maximum cover that can be provided in microinsurance?

1. 5000
2. 10000
3. 50000
4. 100000

Asked by: Mohd Irshad on Nov 13, 2020.EDIT

Part of Insurance Sales in India

Currently the major percentage of insurance sales in India takes place through;

a) Insurance Brokers
b) Corporate agents
c) Bancassurance channel
d) Individual insurance agents

Asked by: Sonu on Oct 4, 2020.

Determine the Type of Insurance

Mr. Mahesh is a software engineer. He has taken term insurance for Rs. 3000000/- for 30years. This is an example of

a) Risk retention
b) Risk transfer
c) Risk avoidance
d) Risk tolerance

Asked by: Kamal on Jun 5, 2020.

Key Area for the Law of Large Number

Law of large number helps the Insurer to analyze which key area?

Asked by: Mrityunjoy Mondal on May 7, 2020.

Significance of Leadership

Leadership is said to be a vital quality which is becoming very rare in the organisations. It would not be wrong if we say that it is a progression where an individual solicits the backing of other entities for the completion of mutual objectives. The leaders are the visionaries and also act as a catalyst in terms of influencing and inspiring others. Based on the above statements discuss the significance of leadership in any organization.
Conclude by answering how the organization would fare if leadership is not right?

Asked by: Kartik Sharma on May 7, 2020.

Constituents in Deeper Penetration

The constituents who participate in deeper penetration of microinsurance and awareness of insurance in rural areas are?

Asked by: Manish on Mar 27, 2020.

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