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*ro'ro 2 Gpn GuruOnllne

3. In whichyearPublicLiabilityinsuranceact was passed


A n s: 1 9 9 1
4. In whichyearECGC(ExportcreditGuaranteecorporation) is formed
Ans:1957
e 5. Manycompanies for earlyand qasyclaimssettlement alsoformthe separatedivisionsknownas
Ans: ClaimHub
gr'6. In the caseof disputesarisingin claimsettlement who settlesthe claim
Ans : Arbitration
r 7. the eventwhoseOccurrence actuallyleadsto the loss
* Ans : Peril
B, Sumassured(S.A)largelydependon
Ans : Age and Financial condltions
* 9. Perils- .;-.
Specfic event which might cause a ,oss.
r 10. In insurancecontractthe principalofUtmostgoodfaithaimsto provideinformation -
Ans : Voluntary
11.Theintermediate
whoreach
theinsurance
ry4tJgg
Ans:AgW
12.Anagentis responsible
for hisactsto the
Ans: lgirysrer ,
HealthinsurerandTPAworkson behalfof whoin theclai#ssettlement of healthinsurance
policies.
*1.3
Ans: Non-lifeinsurance
14' lnthePublicliability
policyif theclaimof fatalaccident
ariseswhichdocumentis alsoneeded?
Ans : Iolice ren"rt
15.Premium charged in generalinsurance company is hormdlly
calculated
for?
.Ans: 1_?^Monthg
16.Intheinsurance contract ',Uberrima Fides',means?
Ans: M@lginls
o 17.WUghsecllonsftheconsumer actdealswithappealing
in nationat
commissio,rl?
' Ans :S"gglbnjg
18.Training hoursforCNCS/ICWF/MBAprofessionats
prescribedby IRDA
Ans: 2 5 H r s
19.Inin6Frdnce &!es thepremiumchargedhasto bepaid?
Ans: lq@-Ee z-
e' 20' In the caseof TemporaryPartialDisablement in the personalaccidentspoliciesthe weeklyamountpaidis?
Ans ..Rs 1000h per
*21. In the rnarketing the win win situationariseswhen?
Ans: Negotiation
22' To coverthe Unlimited liabilityfor death,injuryin the motorinsurancewhattype of insurance
available? coveris
Ans : Motor third party insurnace
23' lf anyUnknolvnpersonforcefullyentersyour premisesfor
the purposeof this
l l r ' | v type vof
' risk is coverecl
Undef? *3!!!g,
4:":P' r/rv

Ans ..Burglarylnsurance
24.Whentheftis-doneby employees /relatives
thenit is qgJSry|-g1der?
Ans : Burgtaryinsurance
d-e25,Therep|acementc|aimismadetothecomplainantsinreinstatementpo|ioyitis?
o Ans : lnsurer,sliabitity
s s 26.Whichprincipal stopsyoufrommakingprofitoutof losses
Ans: Inclemnity
27' Therepiacement valuein caseof Reinstatementpolicyis calculated
Ans : Marketvalue _ lessdepreciation.
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