Related Questions

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
Which of the below is the most appropriate explanation for the fact that young people are charged lesser life insurance premium as compared to old people?
A Young people are mostly dependant
B Old people can afford to pay more
C Mortality is related to age
D Mortality is inversely related to age
What are the factors in determining premium in a life policy?
A Policy reserves
B Mortality
C Expenses
D All of the above
Which of the following companies is the largest no-life insurance underwriter in Bangladesh terms of gross premium, network of offices and trained manpower?
A Jibon Bima Corporation
B Sadharan Bima Corporatioon
C Prime Insurance Company
D Rupali Insurance Company Ltd.
Which of the following is the most appropriate explanation for the fact that young people are charged lesser life insurance premium as compared to old people?
A Young people are mostly dependent
B Old people can afford to pay more
C Mortality is related to age
D Mortality is inversely related to age
Which will act as a proof of premium payment should any dispute arise as to premium payment?
A F.P.R.
B R.P.R
C Proposal form
D Policy document
Interest rates are one of the important components used while determining the premium. Which of the below statement is correct with regards to interest rates?
A Lower the interest rate assumed, lower the premium
B Higher the interest rate assumed, higher the premium
C Higher the interest rate assumed, lower the premium
D The interest rates don’t affect premiums
Apart from the salary level, what another key feature of Alok’s job is likely to have a major impact on the level of his pension, life insurance, and health insurance needs?
A Whether the job is office or field-based
B The normal retirement age in relation to the job
C Whether the job is in the public or private sector
D Whether the job is manual or non-manual
Which type of insurance usually requires higher premium?
A Broad Form insurance
B Whole life insurance
C Health insurance
D Term insurance
Which of the following is TRUE about the treatment of insurance premium paid in advance
A Current asset
B Current liability
C Short term liability
D Fixed asset

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