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
As per IRDA regulations issued, what is the grace period allowed beyond the expiry date of a policy for renewal?
A 10 days
B 30 days
C 45 days
D 60 days
Which of the below statement is correct with regards to grace period of an insurance policy?
A Standard length of the grace period is one month
B The standard length of the grace period is 30 days
C The standard length of the grace period is one month or 30 days
D The standard length of the grace period is one month or 31 days
What is the standard length of a grace period under a life insurance policy?
A One month not more than 30 days
B One month not less than 31 days
C One month not more than 31 days
D One month not less than 30 days
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
How much free look period is allowed from the date of receipt of health insurance policy document?
A 10 days
B 15 days
C 30 days
D 90 days
What is the duration of grace period in a policy?
A 30 days
B One month
C One month or 30 days
D 31 days
What will happen if the policy holder does not pay the premium by the due date and dies during the grace period?
A The insurer will consider the policy void due to non- payment of premium by the due date and hence reject claim
B The insurer will pay claim and waive off the last unpaid premium
C The insurer will pay the claim after deducting the unpaid premium
D The insurer will pay the claim after deducting the unpaid premium along with interest which will be taken as 2% above the bank savings interest rate
A Zener voltage regulator will cease to act as a voltage regulator if Zener current becomes ___________
A Less than load current
B Zero
C More than load current
D None of the above
How long is the free look-in period under a term insurance policy from the date of receipt of the policy document?
A 5 days
B 10 days
C 15 days
D 20 days

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