Sunday, 17 November 2019

lic agent IC-38 exam set-63

 LIC IC-38 Online Mock Test for LIC agency Exam preparation according to IRDA syllabus # SET-63

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-63

Qusetion : 1

TWO FRIENDS HAVE TAKEN SAME POLICY BUT THEIR PREMIUMS ARE DIFFERENT WHY?
[A]. AGE [B].SA
[C].MEDICAL [D]. ALL THE ABOVE

Qusetion : 2

In a MWP policy the beneficiaries under the plan, other than wife can be
[A]. Ex wife [B].Parents
[C].Sibling [D]. Children

Qusetion :3

Claim was settled however full sum assured not paid th policy was in force due to
[A]. Lien [B].Surrender
[C].Bonus [D]. Accidental death

Qusetion : 4

In unde riting the economic value of the person is determined be wgat
[A]. Occupation of the person [B].The income that he earns
[C].Financial history of his family [D]. Human life value

Qusetion : 5

Where annually increasing flexible premium operate ur insurable what rate of increase will generally apply?
[A]. 0.025 [B].0.05
[C].0.03 [D]. 0.075

Qusetion : 6

Income replacement methods equates human life value (HLV) to
[A]. Future value of present earning [B].Present value of previous earning
[C].Present value of future earning [D]. Future value of previous earning

Qusetion : 7

Proposal decision to be communicated to the client with in
[A]. 7 days [B].15 days
[C].10 days [D]. 30 days

Qusetion : 8

Mr. A wants insurance cover . But he is drinks alcohol frequently . What kind of hazard you may categorize?
[A]. Physical hazard [B].financial risk
[C].Moral Hazard [D]. Pure risk

Qusetion : 9

Insurer appoints a candidate of this professional qualification ,who decides the amount of premium in insurance products
[A]. Actuary [B].Sales Officer
[C].Underwriters [D]. Advisor

Qusetion : 10

As per the norms of risk assessment by U/W both the parents of a policy holder died in their early 30s due to Heart disease, what is the risk assessed
[A]. Moral Hazard [B].Occupational Hazard
[C].Medical Hazard [D]. Physical Hazard

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 ...