Related Questions

In 1997, 10% of automobile insurance premiums went to pay costs arising from injuries occurred in car accidents, In 2007, cost despite the fact that cars were much safer in 2007 than in 1997 . which of the following . if true, best explains the discrepancy outlined above?
A Fewer accidents occured in 2007 than in 1997.
B In 2007, people drove more slowly than in 1997.
C Medical costs rose sharply between 1997 and 2007 .
D Repairing costs of cars grew more over the period.
The prices of homes are----- high in urban areas that most young people cannot afford to buy them.
A as
B so
C such
D so as
The prices of homes are —— high in urban he cas } that most young people cannot afford to buy them.
A as
B so
C such
D so as
E such a
An employee is entitled to 20% of his basic pay as dearness Allowance (DA). If his basic pay is Tk. 6300, what is total pay.
A Tk. 1260
B Tk. 4800
C Tk. 7200
D Tk. 7560
Which of the below is not a component of ULIP premiums?
A Policy allocation charge
B Investment risk premium
C Mortality charge
D Social security charge
In Variable life insurance, the death benefit and cash value of the policy _________ according to the investment performance of a special investment account into which premiums are credited.
A Went up
B Went down
C Remain Fixed
D Fluctuate
Where annually increasing flexible premiums operate under a life insurance policy, what rate of increase will generally apply?
A 2.50%
B 3.00%
C 5.00%
D 7.50%
_________ consists of collecting premiums from numerous individuals to compensate the few who may suffer losses.
A Pooling
B Contract
C Guarantee
D IRDA
Under Universal life products, there was facility of completely flexible premiums after how many years?
A One
B Two
C Three
D Four
If both policy loan and premiums are not paid, the outstanding loan/interest may exceed the policy’s cash value. What would the insurer do in such an eventuality?
A Surrender
B Revival
C Cancellation
D Foreclosure

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