Insurance Administration
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Avg score: 24% • Most missed: “The expenses which arise regularly during the policy term are called ________”
Insurance Administration
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25 Questions

1. Who pays premium under social security group insurance scheme?
2. The proportion of the risk which the direct insurer holds on his own account refers to _______
3. The Head office of United India Insurance company limited is at ________
4. On the death of the bread-earner, two losses occur in the family-one is loss of human life and the other _____
5. The net premium will be ______
6. When does a policy lapse?
7. The Insurance Act 1938 applicable to _________
8. The IRDA has replaced ______
9. Cover note can be issued by _______
10. Claims is processed on the basis of _______
11. What is full form of FPA in the context of marine underwriting?
12. The danger of loss from the unforeseen circumstances in future refers to _____
13. Which one of the following statement is correct?
14. Which one of the following statement is correct?
15. In life insurance, the insurable interest should be _____.
16. LIC was formed in 1956 through nationalisation of ________ companies.
17. Obtaining loan requires ________
18. Age is material for underwriting because it affects?
19. Which of the following is an evidence of insurance contract?
20. When the amount for which a subject matter is insured is more than its actual value it is called _____
21. The central office of LIC of India is located at __________
22. Which one of the following statement is correct?
23. The Concept of Insurance is ___________
24. Life Insurance Corporation was nationalised in _____
25. Master policy is issued for _______

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