Que. 1 : Which of the below is a part of policy schedule?
   1.  Mode of premium payment – yearly; half yearly; quarterly; monthly; via deduction from salary
   2.  Name of nominee
   3.  The policy number – which is the unique identity number of the policy contract
   4.  All of the above
 
Que. 2 : Which of the below is a part of policy schedule?
   1.  Mode of premium payment – yearly; half yearly; quarterly; monthly; via deduction from salary
   2.  The insurer’s promise to pay. This forms the heart of the insurance contract
   3.  The policy number – which is the unique identity number of the policy contract
   4.  All of the above
 
Que. 3 : Which of the below is a part of policy schedule?
   1.  Mode of premium payment – yearly; half yearly; quarterly; monthly; via deduction from salary
   2.  The insurer’s promise to pay. This forms the heart of the insurance contract
   3.  The signature of the authorised signatory and policy stamp
   4.  All of the above
 
Que. 4 : Which of the below is a part of policy schedule?
   1.  Mode of premium payment – yearly; half yearly; quarterly; monthly; via deduction from salary
   2.  The insurer’s promise to pay. This forms the heart of the insurance contract
   3.  The address of the local Insurance Ombudsman.
   4.  All of the above
 
Que. 5 : The _____________________________ forms the first part. It is usually found on the face page of the policy. The schedules of life insurance contracts would be generally similar.
   1.  Specific Policy Provisions
   2.  Standard Provisions
   3.  Exclusions
   4.  Policy schedule
 
Que. 6 : The second component of the policy document is made up of ___________________________ , which are normally present in all life insurance contracts, unless specifically excluded.
   1.  Specific Policy Provisions
   2.  Specific Policy Provisions
   3.  Exclusions
   4.  Policy schedule
 
Que. 7 : The third part of the policy document consists of ________________________ provisions that are specific to the individual policy contract. These may be printed on the face of the document or inserted separately in the form of an attachment
   1.  Specific Policy Provisions
   2.  Standard Provisions
   3.  Exclusions
   4.  Policy schedule
 
Que. 8 : Which of the below forms the second part of a standard insurance policy document?
   1.  Standard provisions
   2.  Specific policy provisions
   3.  Policy schedule
   4.  Claim procedure
 
Que. 9 : Which of the below forms the third part of a standard insurance policy document?
   1.  Standard provisions
   2.  Specific policy provisions
   3.  Policy schedule
   4.  Claim procedure
 
Que. 10 : The ________________________ is the unique identity number of the policy contract.
   1.  Policy number
   2.  Standard provisions
   3.  Policy schedule
   4.  Claim procedure

Click Here to view with Answer

Similar Posts: