Sunday, 17 November 2019

lic agent IC-38 exam set-55

 LIC IC-38 Online Mock Test for LIC agency Exam preparation according to IRDA syllabus # SET-55

Online IC-38 Mock Test and training material for LIC agency

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IC-38 Online Mock Test for LIC agency Exam preparation SET-55

Qusetion : 1

__________ is the fees payable to the Authority for issue / renewal of license to Act as an insurance agent or composite insurance agent
[A]. 120 [B].250
[C].370 [D]. 100

Qusetion : 2

Direct marketing involves which of the below ?
[A]. Insurance agents [B]. Bank assurance
[C]. Mail marketing [D]. All of the above

Qusetion :3

Which of the below is a query asked before settlement of a claim in General Insurance ?
[A]. Did the loss really happen? [B]. Did the loss making event really cause the damage?
[C]. what was the reason for the loss? [D]. All of the above

Qusetion : 4

Aman has taken a term plan for 20 years In the 3rd year he suffered financial crisia due to....whibh he' was'. unable to pay premium within grace period . and died after I month. The nominee files a claim and is rejected because
[A]. Policy was not in force [B].The claim is fraudulent
[C].This condition was excluded in policy [D]. The claim ian early claim

Qusetion : 5

What are the Special features of Health plan?
[A]. Covers disease expenses [B].covers hospitalization cost
[C].Helps in Tax Benefits [D]. All of the above

Qusetion : 6

Life insurance is better than other avenues of saving in respect of
[A]. Marketibility [B].Trancsferability
[C].Liquidity [D]. All the three above

Qusetion : 7

What frequencies can one take in annuity
[A]. monthly,quarterly,half yearly, yearly [B].fortnightly, monthly ,half yearly, yearly
[C].fortnightly,quarterly,monthly,yearly [D]. None of the above     

Qusetion : 8

Responsibility for classification and analysis of proposal form Iii with whom?
[A]. Risk analysis department [B].Classification of risk deptt.
[C].Underwriter [D]. Actuary who analysis the risk

Qusetion : 9

In cumulative bank deposit the interest unit is normally compound on what basis
[A]. Monthly [B].Quarterly
[C].Half yearly [D]. Annually

Qusetion : 10

The rates of assumed annual growth to be shared in the benefit illustration has been decided by which of the authority
[A]. IRDA [B].Life insurance council
[C].The Royal Bank [D]. SEBI

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 LIC IC-38 Online Mock Test for LIC agency Exam preparation according to IRDA syllabus in HINDI # SET-30 ...