Top 350+ Solved Banking and Insurance MCQ Questions Answer

From 346 to 360 of 386

Q. ___________ is the total premium that a policy holder pays

a. Gross premium

b. Average premium

c. Total premium

d. Level premium

  • a. Gross premium

Q. The time frame for which an insurance policy provides coverage is known as___________________

a. Policy term

b. Policy loan

c. Policy mode

d. None

  • a. Policy term

Q. Intimation of death is the information of death to the________________

a. Beneficiary

b. Insurer

c. Both A&B

d. None

  • b. Insurer

Q. _________ is a form of health insurance against loss by a accidental bodily injury

a. Property insurance

b. Marine insurance

c. Personal insurance

d. Accident Insurance

  • d. Accident Insurance

Q. Which is not a subject matter of marine insurance

a. Hull insurance

b. Cargo Insurance

c. Fright Insurance

d. Fire insurance

  • d. Fire insurance

Q. Form the following which is not a content of the letter of intimation

a. Name of the life assured

b. Date of death

c. Cause of death

d. Date of birth

  • d. Date of birth

Q. Life insurance policy are issued for_______ years of duration

a. 15-20

b. 5-10

c. 10-15

d. 10-20

  • b. 5-10

Q. __________ is known as Rashtriya Krishi Bima Yojana

a. Crop Insurance

b. Hut Insurance

c. Property Insurance

d. None

  • a. Crop Insurance

Q. Risk insured against death is a contract of________

a. Agreement

b. Indemnity

c. Assurance

d. None

  • c. Assurance

Q. ___________ policy issued on the basis of the number of persons assured

a. Single life

b. Level Premium

c. Annuity

d. Multiple life

  • d. Multiple life

Q. _______ is a theft committed by breaking out of the premises

a. Burglary

b. Blanket

c. Fire

d. None

  • a. Burglary

Q. The central office of LIC of India is located at-----------.

a. Mumbai

b. New Delhi

c. Bangalore

d. Chennai

  • a. Mumbai

Q. From the following which is not an example of fundamental risk.

a. War

b. Unemployment

c. Inflation

d. Burning of a house

  • d. Burning of a house
Subscribe Now

Get All Updates & News