Amrita is pregnant. She has applied for a term insurance cover. WHICH of the below option will be the best option to choose for an underwriter to offer insurance to Amrita? Choose the most likely option.

A Acceptance at ordinary
B Acceptance with extra premium
C Decline the proposal
D Acceptance with a restrictive clause

Correct Answer: Acceptance with a restrictive clause

A restrictive clause is a clause which functions as an adjective to identify the word it modifies. A restrictive clause is essential for the intended meaning. Hence in this case acceptance with a restrictive clause must be proceeded.
Bissoy MCQ
#Commerce #Insurance

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
Who is primary underwriter or field underwriter?
A Development officer
B Insured
C Agent
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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.
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A Process claims
B Decide acceptability of risks
C Product design architect
D Customer relations manager
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A Offerer, Acceptor
B Insurer, Insured
C Proposer, Insured
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When an underwriter has to be very careful?
A When sum insured is very small
B When sum insured is very large
C When income is very small
D When income is very high
In this method of underwriting, the underwriter gives rating points for all the negative or adverse factors, totals them and decides extra mortality rating. Which method are we talking about?
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A woman while shopping in a mall pushes her trolley 20 metres through an alley which is going East, then she turns to her left and walks 30 metres, then she turns West and walks another 30 metres, then she turns South and walks 30 metres and then she turns West and walks 25 metres. Where is she now with reference to her starting position?
A 35 metres West
B 5 metres West
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D 5 metres East
Rehana leaves her home early in the morning so that she can reach her office on time. If she walks at the rate of 7 km/hr, then she reaches her office 8 minutes late. But, if she walks at a speed of 8 km/hr, then she reaches her office 4 minutes early. What is the distance in km between Rehana's house and her office?
A 10.5
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