Sunday, 17 November 2019

lic agent IC-38 exam set-56

LIC IC-38 Online Mock Test for LIC agency Exam preparation according to IRDA syllabus # SET-56

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

Test your Preparation


IC-38 Online Mock Test for LIC agency Exam preparation SET-56

Qusetion : 1

When a customer wants to invest in a recurring deposit or a cumulative deposit, which are the main factors that have an impact
[A]. Taxes [B]. Interest rate
[C]. Term [D]. Payment frequency

Qusetion : 2

What is TAT ?
[A]. Turn around Time [B]. Time and Turn
[C]. Till a Time [D]. Time and Tide

Qusetion :3

Agents and corporate agents desiring to offer their services to AIC
[A]. Shall submit "No Objection Certificate" obtained from their parent life insurer [B]. Shall complete fifty hrs mandatory training for crop insurance
[C]. Must transfer their license form life insurer to non-life insurer [D]. Shall submit "No Objection Certificate" obtained from their parent general insurer

Qusetion : 4

Acouple has 7 year old son. What solution would they be looking for
[A]. Retirement [B].Child education
[C].Health care [D]. Life cover

Qusetion : 5

Law of large number helps Insurer to analyse which key area
[A]. Administrative expenses [B].to remove adverse selection
[C].in fixing the correct premium [D]. Non of the above

Qusetion : 6

With profit policies can be given to
[A]. surety [B].partner     
[C].keyman [D]. Individual

Qusetion : 7

Mr. Feroz has taken a policy for critical illness worti. Rs. 1Ia health,policy. He.also has a term plan worth Rs 10 laMr.. Fe was hospitalised after, hewas detected wthcancer. He died afl .3 dayséf treatment. How the claim will be settled?
[A]. Claim of critical illness and 10 lac from term policy will settled [B].Claim will not be settled as he died due to cancer
[C].Claimof hospital charges Rs 20,000 and I lac for death V be settled [D]. Claim will not be settled as per instruction of underwriter

Qusetion : 8

The sole focus during a client’s fact-find session was healthcare requirements and estate planning. Which main life stage is he most likely to fall into?
[A]. Young married couple [B].Pre-retirement.
[C].Young married with children. [D]. Retirement

Qusetion : 9

What is the minimum age of the customer for entering the  Insurance contract?
[A]. 16 years [B].18 years
[C].17 years [D]. 21 years

Qusetion : 10

How riders will help the customer in life insurance
[A]. Allow policy holders to customise their insuranceCover With addl. benefit [B].Operative clause
[C].Rider is like aclause [D]. Rider is like preamble

Click on Finish/Submit to View Your Score






Click on below links to practce more sets




********************************************

Click >>Go to Next Set>>>

********************************************

at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

LIC IC-38 EXAM in HINDI SET-30

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