Related Questions

Which of the following types of life insurance policies pays the full sum assured to the beneficiaries if the insured dies during the policy term or to the policyholder on the maturity of the policy if he/she survives the term?
A Whole Life
B Endowment
C Money Back
D Unit Linked
_________, who represents the interests of the insured in searching for insurance coverage at the lowest cost and highest benefit to the insured.
A Customer
B Cashier
C Broker
D Banker
According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
A 920
B 1,100
C 1,110
D 1,030
Rakesh recently bought a health insurance policy and a personal accident policy. What main section(s) of the insurance market do these products normally fall into?
A Life insurance in both cases
B Life insurance for health and non-life insurance for personal accident
C Non-life insurance in both cases
D Non-life insurance for health and life insurance for personal accident
What will happen if the insured person loses the original life insurance policy document?
A The insurance company will issue a duplicate policy without making any changes to the contract
B The insurance contract will come to an end
C The insurance company will issue a duplicate policy with renewed terms and conditions based on the current health declarations of the life insured
D The insurance company will issue a duplicate policy without making any changes to the contract, but only after a court order
Once an absolute assignment is effected under a life insurance policy, who will be the titleholder(s) of this policy?
A The assignor in all cases
B The assignee in all cases
C Either the assignor or assignee depending on the type of policy involved
D The assignor and assignee jointly
Mr. Zaman is insured completely for Tk. 1,50,000 against damages to his machinery. For any damage over Tk. 1,50,000 the insurance company will pay Tk. 1,50,000 plus 15% of the additional damage. For a recent accident, Mr. Zaman was paid Tk. 1,56,000 by the insurance company. What was the total amount to the damage estimated?
A Tk. 1,04,000
B Tk. 90,000
C Tk. 40,000
D Tk. 80,000
Mr. Rahman is insured completely for Tk. 50,000 of damages to his machinery. For any damage above Tk. 50,000 the insurance company will pay Tk. 50,000 plus 20% of the rest of the damage amount. For a recent accident, Mr. Rahman was paid Tk. 56,000 by the insurance company. What was the total amount of the damage estimated?
A Tk. 30,000
B Tk. 280,000
C Tk. 104,000
D Tk. 80,000
Mr. Rahman is insured completely for Tk. 50,000 of damages to his machinery. For any damage above Tk. 50,000 the insurance co. will pay Tk. 50,000 plus 20% of the rest of the damage amount. For a recent accident, Mr. Rahman was paid Tk. 56,000 by the insurance co. What was the total estimated damage?
A Tk. 30,000
B Tk. 280,000
C Tk. 104,000
D Tk. 80,000
Mr. Rahman is insured completely for Tk. 50,000 of damages to his machinery. For any damage above Tk. 50,000, the insurance company will pay Tk. 50,000 plus 20% of the rest of the damage amount. For a recent accident, Mr. Rahman was paid Tk. 56,000 by the insurance company. What was the total amount of the damage estimated?
A Tk. 30,000
B Tk. 2,80,000
C Tk. 1,04,000
D Tk. 80,000

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