English Chapter Mock Test 18
Que. 1 : The first stage of documentation is basically the proposal form through which the insured informs:
   1.  Who he/she is
   2.  What kind of insurance he/she needs
   3.  Details of what he/she wants to insure
   4.  All of the above
Que. 2 : Proposal form is to be filled in by the proposer for furnishing all material information required by the insurer in respect of a risk, in order to enable the insurer to decide:
   1.  Whether to accept or refuse to grant the insurance
   2.  In the event of acceptance of the risk, to determine the rates, terms and conditions of the cover to be granted
   3.  All of the above
   4.  None of the above
Que. 3 : The IRDAI has specified the format of the standard declaration in the health insurance proposal as under:
   1.  I/We hereby declare, on my behalf and on behalf of all persons proposed to be insured, that the above statements, answers and/or particulars given by me are true and complete in all respects to the best of my knowledge and that I/We am/are authorized to propose on behalf of these other persons.
   2.  I understand that the information provided by me will form the basis of the insurance policy, is subject to the Board approved underwriting policy of the insurance company and that the policy will come into force only after full receipt of the premium chargeable.
   3.  I/We further declare that I/we will notify in writing any change occurring in the occupation or general health of the life to be insured/proposer after the proposal has been submitted but before communication of the risk acceptance by the company.
   4.  All of the above
Que. 4 : The IRDAI has specified the format of the standard declaration in the health insurance proposal as under:
   1.  I/We hereby declare, on my behalf and on behalf of all persons proposed to be insured, that the above statements, answers and/or particulars given by me are true and complete in all respects to the best of my knowledge and that I/We am/are authorized to propose on behalf of these other persons.
   2.  I/We declare and consent to the company seeking medical information from any doctor or from a hospital who at any time has attended on the life to be insured/proposer or from any past or present employer concerning anything which affects the physical or mental health of the life to be assured/proposer and seeking information from any insurance company to which an application for insurance on the life to be assured/proposer has been made for the purpose of underwriting the proposal and/or claim settlement.
   3.  I/We authorize the company to share information pertaining to my proposal including the medical records for the sole purpose of proposal underwriting and/or claims settlement and with any Governmental and/or Regulatory authority.
   4.  All of the above
Que. 5 : Which of the below is a element of a proposal?
   1.  Proposer’s name in full
   2.  Proposer’s address and contact details
   3.  Proposer’s profession, occupation or business
   4.  All of the above

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