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Sr.

           

Correct

Learning

     

No.

Chapter No

Question

Ans Option 1

Ans Option 2

Ans Option 3

Ans Option 4

Ans /

Objective

Explation for correct answer

Page No.

Remarks

option

   

Sanjeev is an insurance expert who

                 

1

has rich experience in determining premium levels for product, what is

an actuary

loss adjuster

risk mager

underwriter

1

Actuaries

Works on statistical data to arrive on mortality , premium table etc

Pg :27

1

his profile like

   

The Non Government

 

Drafting new

regulations

Linking buyers

and sellers

Linking third

   

NGO spread Awareness as well as In

   

2

1

organizations(NGO) helps the

insurance industry immensely in

Promotiol

activities

party

administrators

3

NGO

rural on deeper Penetration through Micro Insurance

Pg :27

                 

On recommendation of Mahlotra

   

3

1

Investment by foreign direct investors in to Insurance co's is restricted to

12%

25%

40%

26%

4

FDI

Committee , Under Joint venture , the foreign player can not have more than 26% stake

Pg :24

                 

Micro Insurance is for Low Income Group

   

Which market does the Micro Insurance Concentrate on ?

People with large families

People with Low Income

Government

people living in Metro cities

Micro

. Product ranges from 5K to 50 K .Premium is as low as Rs 15 and can be collected weekly

4

1

Employees

2

Insurance

Pg 24

 

1

What facility do the insurer use to

Re Insurance

Banca assurance

NGO

RBI

1

Reinsurance

Reinsurance company is the Insurer for the Insurance Company

Pg :26

 

5

cover Risk beyond their Limits ?

 

1

what is the max level under which

5000

25000

50000

1 lac

3

Micro

Micro Insurance guidelines was issued in

2005 by IRDA . Minimum SA is Rs 5000 & Max is Rs 50,000

Pg :25

 

6

micro insurance can be done

Insurance

         

Licenced

Non

         

7

1

Who is the customer of a Re insurer

High Networth

Individual

Insurance

Companies

Insurance

Agents

Government

Organisation

2

Reinsurance

Reinsurance company is the Insurer for the Insurance Company

Pg :26

   

Insurance company transfers the

           

A re insurance company is the Insurer for Insurance company

   

1

insurance which cannot bear by them

Bancassurance

Reinsurance

TPAs

Actuaries

2

Reinsurance

Pg :26

8

to

 

1

What is the main objective of taking

Tax benefit

Savings

Investment

Protection

4

       

9

the life insurance policy

   

What is the maximum sum assured

                 

10

1

under a micro insurance

10000

25000

50000

100000

3

   

Varun wishes to pursue a career in insurance and wishes to be in a

                 

1

department which calculates the level of premium. In which department

should he join?

Actuary

Underwriter

Claim

Department

Accounts

1

11

 

1

According to Insurance Brokers

Insurance broker represent the

client and the insurer remunerate the broker

The client represent the broker and the insurer remunerate the broker

Insurer

represent both

client and

Broker only

service the

1

       

Association of India, what is the most appropriate relationship between

Insurer and Broker?

broker

client

12

remuneration

   

If a client needs Mediclaim to cover

                 

1

health insurance which insurer he

Non life insurer

Life Insurance

Reinsurer

Any Insurer

1

13

needs to apply.

     

Who work only

Who work for customers

 

Who works for their own interest.

         

14

1

Insurance agents are

for insurance company

Intermediaries

3

   

Any assets, which are no longer

 

Cashed in for investment into other assets

             

1

suitable or are earning fewer returns

Reviewed

2

15

than expected, should be

   

If a client wants to compare between

                 

1

all fincial products then the best

Individual agent

Corporate agent

Bank

Broker

4

16

person he can approach is

   

If the customer wants to seek

                 

1

information about all products, then

Agent

Broker

NGO

Bank

1

17

he can avail the services of

   

To identify suitable products their

                 

1

main features and their tax treatments

Agent

Proposer

Policy Holder

Insured person

1

18

is the role of:

Neeraj Parekh - Divisional Training Manager - Rajkot Division. (M) 99 78 99 88 55, email: neeraj.parekh@trng.bajajallianz.co.in

 

1

 

to develop the

to obtain Income Tax benefits

for protection of fincial security

to obtain loan as when required to meet fincial obligations

3

       

The main purpose of buying an

habit of savings

19

insurance policy normally is

   
 

1

The basic elements of life insurance

Accident benefit

and riders.

Pension and

monthly income.

Death cover

and maturity

Interest yield

and variable

3

       

20

are:

 

benefit.

 

income

   

Transactions of sale of life insurance

                 

1

products to the insurable clients are

 

Sales

Relationship

 

Monetary

 

Assured

2

Discuss

viewed in the Insurance market

 

transactions

transactions

transactions

transactions

21

 

mostly as

   
   

A Professiol insurance market

1.

Need – Based

2.

Product –

3.

Commission

4.

Company –

         

22

1

carries…

 

Selling

Based Selling

– Based Selling

Based Selling.

1

         

3.

Government

4.

Health and

         

23

1

Insurance Market divided into

1. Endowment

and Money Back Insurance

2.

Life and

General (non-

life) Insurance

and Private

Insurance

Markets

Saving

Insurance

Markets

2

       

1. Giving

2.

Selling

 

3. Giving

           

1

What is Bancassurance?

insurance

insurance

guarantee to

4.

None of the above.

2

policies to

policies through

policies by

24

     

Banks.

 

Banks.

 

Banks.

   
   

Which of the following do not include

 

1. individual

 

2.

3.

insurance

 

4.

through

         

25

1

the channel of indirect marketing?

 

agents

bancassurance

brokers

internet

3

Discuss

         

3.

metaphysical

 

4.

market

         

26

1

The business of Insurance is

connected with

1. physical

values of assets

2.

economic

values of assets

values of

assets

values of

assets

2

   

Human beings need life insurance

 

1.

death is

2.

death is

3.

the timing of death is uncertain

4.

Death is the solution.

         

27

1

because

 

certain

uncertain

3

           

4.

At the time

         

1

The timing of death is uncertain, so

1.

At the time of

2. At an early age

3.

Anytime in

when Advisor

2

when one should take life insurance?

uncertainty

life

 

takes the

28

       

decision

 
     

1.

The life of the

2.

The risk

The fincial goal of the insured

3.

           

29

1

Insurance Protects which of the

following?

person paying compensation

retained person

's family

4.

the nominee

The life of

3

       

2.

B.A legal

3.

C.A legal

4. D. An authorized agent to act on behalf of the legal company

         

1

Agent who is a licensed intermediary

is actually is ?

A legal person

to act on behalf of the re-insurer

1.

person to act on behalf of the

person to act on behalf of the

2

30

 

insurer

 

contract

   

E-sales refers to sales of insurance

 

1.

Insurance

 

2.

3.

Individual

           

31

1

products through

brokers.

Bancassurance.

agents.

 

4.

Internet.

4

         

3.

Life, Non

4.Life, Health,

         

32

1

Insurance business is classified into

three main types:

1.

Micro Insurance.

Life, Non –life,

2. Life, Non Life, Miscellaneous

life, Re-

insurance.

 

Micro

Insurance

3

     

lung cancer is

         

Peril refers to a specific event which

   

lung cancer and smoking .

peril and smoking is moral hazard

smoking is peril and lung cancer is hazard

Is occupatiol

might cause a Loss /Damage .A hazard is a condition that may Increase the chance of perils to happen

33

2

Death is certain

 

hazard

1

Peril & Hazard

Pg:41

   

The type of risk that can be insured

against is

     

Pure &

     

The types of risk that could be insured

   

34

2

Speculative Risk

Pure Risk

Speculative

risk

Non Fincial

Risk

2

Types of Risk

against are , fincial risk , pure Risk & Particular risk

Pg :42

       

The premium

   

Contribution of

insurance

         

2

collected & deposited in a pool

All similar risks are pooled together

Premium is pool to make claims

2

35

Pooling of risk in insurance means

 

company

Neeraj Parekh - Divisional Training Manager - Rajkot Division. (M) 99 78 99 88 55, email: neeraj.parekh@trng.bajajallianz.co.in

36

2

Pure risk is classified under

Economic risk

Speculative risk

Fincial risk

Insurable risk

4

   

The consequences of these risks

     

Physical

 

2

which will affect specific individuals or

Pure risk

Fincial risk

Particular risk

hazard

3

37

local communities in ture is called as

 

2

Law of Large number helps the

Calculate the

Increase the

Ascertain the

Declare the

3

38

insures to

premium

profitability

death ratio

bonus

   

A person with a crimil background due

         

2

to Fincial fraud would come under

Physical

Moral

Occupation

2

39

which hazard

     

Perils are medical factors which influence

Perils are risks that policyholders will die before a specified date and hazards are factors which could influence that risk.

Perils are factors which affect the risk being insured and hazards are the size of the risk being insured.

Perils are factors which could influence an insured event occurring and hazards are the actual events which will trigger a payout

 

2

the risk of dying

2

How are perils and hazards normally distinguished under term insurance

and hazards are lifestyle activities which influence the risk of dying.

40

policies?

   
   

Law of large numbers is worked out

by which of the following?

 

Maintaining

With utmost

   

41

2

Pooling of risk

insurable interest

good faith

Randomness

1

   

With pooling of risks an insurance company pools the premium collected from several individuals to insure

         

2

them against similar risks. At what

Under no

Under conditions of the reinsurer

As directed by actuary

As per

1

circumstances will the insurance companies pool the risk of a life insurance and health insurance

circumstances

company policy

42

together?

   
   

In life insurance industry which

         

mechanism operates so as to eble the

Pooling of risk

Transfer of risk

Prevention of

Sharing of risk

2

2

individuals to reduce the impact of

risk

43

risks

       
 

2

Law of large numbers help in

severity of risk

physical hazard

moral hazard

Probability of

1

44

calculating the

risk

45

2

Which is the best option to mage risk?

Retain

Transfer

Avoid

None

2

   

Viy doesn’t want to take insurance on himself. He feels that his family will survive with the funds available in the

         

46

2

bank and monthly rentals received from village. This comes under Risk

Transfer

Control

Retaining

Avoidance

3

   

Insurance is a mechanism through

         

2

which risk of an individual can

transferred

prevented

avoided

reduced

1

47

normally be

     

Peril, Risk and

Peril is the event, Risk is the loss of event and Hazard is the wrongful even

Peril is the event, Risk is the cause of event and the Hazard is an event of dangerous ture

Peril is the event, Risk is the likely occurrence of the event and the Hazard increases the chances of happening of the event.

 

2

Hazard are of

4

In the context of Insurance terminology, how the meaning of ‘Peril’, ‘Risk’ and ‘Hazard’ is best

the same meaning

48

described?

   

Neeraj Parekh - Divisional Training Manager - Rajkot Division. (M) 99 78 99 88 55, email: neeraj.parekh@trng.bajajallianz.co.in

   

Pooling of risks is one of the

               

49

2

fundamental principles of insurance

where the Insurers pool the premium

collected from

 

all types of

fincial risks

the

homogeneous

risks

the

heterogeneous

risks

the speculative

risks

2

       

2.

All types of

           

50

2

Pooling of insurance applies to

 

1.

all types

insurance

insurance except

Motor insurance

3.

Only life

insurance

4. Only Non-life insurance

1

       

1.

Peril and

   

4.

All of the above.

       

51

2

The “Risk” contains….

 

Hazard

 

2.

Level

3.

Uncertainty

4

 

2

Grouping the similar risks by

1.

Grouping of

2.

Risk Grading

3.

Risk

4.

Pooling of

4

     

52

Insurance Company is called as….

 

Risk

Assessment

Risk

   

The function of Insurance works

   

3.

Risk

4.

All of the above.

       

53

2

on…

1.

Risk Transfer

2.

Risk avoid

retention.

1

   

Mr. Mahesh is a software engineer.

               

He has taken a term insurance for Rs. 30,000,00/- for 30 years. This is an

3.

Risk

 

4. Risk

2

1.

Risk retention

2.

Risk transfer

avoidance

tolerance

2

54

example for-----------------

   
       

1.

a family

 

2.

a person

3.

a person

4.

A teacher

       

55

2

Which of the following can be an

example of moral hazard?

history of heart

disease

working in a chemical factory

consuming

alcohol

working in a primary school.

3

             

4.

       

56

2

Life insurance the risk is determined

on the basis of

1.

future data

2.

past data

3.

statistical

data

mathematical

data

2

     

1.

Retaining the

2.

Not possible

3.Is possible by transferring risk to the policy holder

4.Is possible by Re-insuring oneself

       

57

2

Which one of the following is

possible in retaining the risk?

ownership in the policy

as life has many risks.

2

   

On 6 th August there was a typhoon. Mr.Augustin who had insurance died

1.

Under the

2.

Under the

3. Under the category of particular risk

4.

Under the

       

2

in typhoon. Now how will the insurance company will categories

this particular risk ?

category of Pure risk

category of peril risk

category of

1

Risk Transfer

58

     
 

2

Life insurance company determine

 

1. Future

 

2.

Claim

3.

Present

4.

Targeted

2

     

59

the level of risk based on

expenses.

experiences.

expenses.

bonus rates.

   

Ram works in a Fire cracker factory.

               

60

2

He stocks the cracker in his house.

He runs which type of risk.

1.

Speculative.

2.

Particular.

3.

Fincial.

4.

Fundamental.

3

       

1.

Using the

 

3.

Using the

4.

Using the

       

same pool for

2. Using different pool for paying

claims of life insurance.

same pool for paying claims of life & house insurance.

same pool for

2

In Insurance terms, pooling of risk is

paying claims of

paying claims

of life

4

61

 

car & life insurance.

insurance.

   

An Insurance company pools the

               

2

premium collected from several Individual to insure them against

1. Pure Risk

2. Pooling of Risk

3.

Insuraable

4.

Sharing of

2

 

Risk

Risk

62

 

similar risk is called:

         
   

Which of the following Risk is associated with those events which

 

2.

Particular

 

4.

Insurable

       

2

are not in control of an individual and

1. Pure Risk.

 

Risk.

3.

Fincial Risk.

Risk

1

63

also no possibility of making profit:

   
   

which of the following refres to

   

3.

Physical

hazards

         

64

2

specific event which might cause a

loss

 

1. Peril

 

2. Hazard

4.

Uncertinity

2

   

Harish takes a life insurance policy for Ramesh. Which of the following statement best describes the principle

of Insurable Interest.

Ramesh declares all his liabilities

 

Ramesh owes

Harish suffers fincial loss incase of death of Ramesh

   

Creditor has Insurable Interest on the Life

 

65

3:1

Ramesh is elder than Harish

money form

Harish

4

Insurable

Interest

of Debtor to the extend of the MONEY lent to the debtor

Pg :56

Neeraj Parekh - Divisional Training Manager - Rajkot Division. (M) 99 78 99 88 55, email: neeraj.parekh@trng.bajajallianz.co.in

                 

Person entering contract should be

   

what is the min age to enter into the contract of insurance

Insurance

competent enough . A person is competent when he is a Major ( above 18 years ) , sound mind ,not disqualified

66

3:1

16

18

20

21

2

Contracts

Pg :53

 

3:1

In a whole life plan - The policyholider's responsibility to give disclosure

at the beginning of the contract

through out the contract

Revival stage

beginning of

1

Utmost Good

The proposer knows all the material facts about himself and has to disclose all

Pg :57

 

67

renewal

Faith

information voluntarily at the time of completing the proposal form and submitting the documents

 

3:1

 

Principle of utmost good faith will

Every time premium is paid

If the policy has lapsed and it has to be revived

If the insured person falls sick and is admitted to hospital

If the insured person changes his job

2

       

68

 

operate in existing policy

   

Both the parties to a contract must agree and understand the same thing

 

Legality of an object

Consensus ad

           

3:1

Consideration

idem

Acceptance

3

69

and in the same sense which is called

 
 

3:1

 

In case of life insurance, Insurable

At inception of policy

Not needed

At the time of claim

Any time during the contract

1

       

70

 

interest must exist

 

3:1

 

Group Insurance can be taken in

employee-

Husband-wife

family

society

1

       

71

 

following relationship

employer

members

members

 

3:1

 

What amount of insurable interest

20,000

50,000

Up to the sum assured taken in the plan

Unlimited

4

       

72

does an individual have in his own life

     

Insurance

Indemnity

 

Major life

         

73

3:1

With reference to the principle of

indemnity a life insurance policy is a.

contract.

contract.

Value contract.

contract

3

 

3:1

If

Insurable interest does not exists at the time of inception of the life insurance policy then, life insurance

Voidable

Invalid

Valid

Null & voidable

2

       

74

 

contract is

   

If a contract is signed by a 15 years

       

2

       

75

3:1

 

old boy, this contract will be

Null and void

Invalid

Voidable

Valid

     

1.

If the employer has insurable

A. Surety

insurance

B. Keyman

Insurance

C.

           

76

3:1

interest in the life of an employee,

what kind of policy is this?

Partnership

Insurance

D. Debtor

Insurance

2

 

3:1

The concept of indemnity is based on the key principle that policyholders

Insuring existing

losses.

Making false

insurance

claims.

Paying

excessively for

insurance

Profiting from

insurance.

4

       

77

 

should be prevented from

cover.

         

Probation

           

78

3:1

Employee has insurable interest in the

life of their employer to the extent of

Yearly Salary

Monthly Salary

Period

Till Gratuity

2

Discuss

 

3:1

Mr Rohan takes an insurance policy due to heavy Debt on his business with an intention of committing suicide. This is an example of the

following Feature of a valid contract

Capacity to

Legality of object

Capability of

Offer and

2

       

Contract

performance

acceptance

79

 

3:1

An insurer can invoke indisputability

Non payment of due premium

Breach of duty of disclosure of material facts

   

2

       

80

 

clause in case of death only in

 

3:1

A

proposer shows his age lesser than

Breach of utmost good faith

Breach of trust

   

1

       

81

his actual age. This will be termed as

Neeraj Parekh - Divisional Training Manager - Rajkot Division. (M) 99 78 99 88 55, email: neeraj.parekh@trng.bajajallianz.co.in

   

Mr. Mehra wants to insure his wife. Previously his proposal was rejected by another company, but this time he submits the proposal form without showing this to a new company. This

is

Non-disclosure of material facts

Concealment of

Fraudulent misrepresentati on of material facts

Innocent misrepresentati on of material facts

   

3:1

material facts

2

82

 
 

3:1

In which type of insurance Insurable

 

Liability

Marine Insurance

 

Motor

 

Travel

2

 

83

Interest exists at the time of claim?

Insurance

Insurance

 

Insurance

           

Fincial

 

Emotiol

   
 

blood relation between the

 

Proximity of

relationship

 

relationship

between the

between the

3:1

A

proposal of life insurance is not

Proposer and the Life assured

relationship between the

Proposal and the Life assured

Proposer and

Proposer and

3

accepted in the absence of Insurable

 

the Life

 

the Life

84

interest which mainly depends on the

 

assured

assured

       

Before the

         

3:1

Principle of utmost good faith is

contract is

1

Discuss

85

expected for max up to which stage

concluded

       

1.

One party

 

2.

One party

3.

One party

4.

One party

   

86

3:1

A contract comes into existence when………

makes an offer which the other party accepts unconditiolly.

makes an offer which the other party put extra conditions.

makes an offer where other party gives counter offer.

makes an offer which the other party receives the offer.

1

   

Mr. Kumar’s wife is suffering from blood cancer. Doctors lost their hope on her live. Mr. Kumar would like to take Life Insurance policy on wife’s me in order to get monitory benefit. Insurance company rejects this

proposal on the grounds of…….

   

3.

Capacity of

     

3:1

1. Anti Money Laundry

2.

Legality of

object or purpose

paying future

premiums.

 

4.

All of the above

2

87

 
   

Under this situation may leads to breach of the duty of utmost good

faith.

   

3.

Fraudulent

     

88

3:1

1.

of material facts.

Non disclosure

2.

Concealment

of a material fact

misrepresentati on of facts.

 

4.

All of the above.

4

       

1.

Facts of

 

3.

Facts those

     

89

3:1

The principle of utmost good faith is

not applicable to

common

knowledge

2.

Facts of law

are not

material.

 

4.

All of the above.

4

   

Where do you not find insurable

 

1.

surety-co

2.

employee-

       

90

3:1

interest in the following options

 

surety

employer

3.

husband-wife

4.

brother-sister

4

             

4. neither

   

91

3:1

The principle of utmost good faith

applies to

1. only insurers

2.

only proposer

3.

both insurers

and proposer

insures nor

proposer

3

   

Mr.Akash filled the proposal form but before submitting to the company he discussed with the agent that he is not sure whether he can pay for 15 years . This attitude affects which part of the

contract?

     

4.

Offer and

   

3:1

1.

Consideration

in the contract

2. Capacity to contract

3.

Consensus

ad idem

Acceptance in

the contract

4

92

 
           

3. The

 

4. The

   

Mr.Karan who has to go to abroad for 6 months on an official work decides

1.

The insurable

2.

The insurable

insurable interest between the car and karan is valid until he owns it

insurable interest between the car and Jim is valid until Karan’s return

interest between

interest between the car and karan is valid for 6 months

3:1

to

leave his car with his friend Mr.

the car and jim is valid for 6 months

3

93

Jim. What will be the validity of the insurable interest in this case ?

   

Mr. Josh was filling the proposal form but as his mother was sitting beside him, even though he drinks and smokes he ticked “NO” in smoking & drinking column of proposal form.

 

1.

He has

2. He has breached the company by concealing the facts

3. He has breached the company by fraudulent information

4.

He had done

   

breached the

an innocent

3:1

non-disclosure of

misrepresentati

2

 

the fact

 

on

94

 

This indicates ?

   

Neeraj Parekh - Divisional Training Manager - Rajkot Division. (M) 99 78 99 88 55, email: neeraj.parekh@trng.bajajallianz.co.in

     

1.

   

3.

A policy

4.

An insurer

       

95

3:1

A contract exists between insurer and proposer when

A proposal

has been

accepted by

insurer.

2. A policy document has been stamped by insurer.

document has

been received

by the

policyholder.

has made

another

proposal.

1

   

Rakesh purchased a life insurance policy. While writing a proposal form he hide that he practices mountaineering. Sadly he died in an accident while climbing Mount Everest. The insurers rejected the claim.What is the reason for

rejection?

1. Innocent

2.

Fraudulent

           

3:1

misrepresentatio

misrepresentatio

3.

Concealment.

4. Non-

Disclosure.

4

 

n.

 

n.

96

   
   

Shamsher has a health insurance policy of ` 1, 00,000 individually and from his company for ` 2, 00,000. He falls sick and got hospitalized. His hospital bill ran to ` 50,000. He claimed this amount from his individual policy. Also, he placed the request with his company for group policy claim, which was rejected. The

reason for rejection is.

1.

Indemnity

 

2. Value

 

3.

Deemed

 

4. Rolling

       

3:1

contract.

contract.

contract.

contract.

1

97

       
       

1. Value

 

3.

Commercial

         

98

3:1

Life Insurance also known as:

Contract.

2.

Indemnity

Contract

4. Speculative

1

     

1.

Plan offer

   

4.

A joint life

policy may cover a partner

in business

under one

       

Which option is not correct with regard to joint life insurance plan?

insurance coverage for two person in one policy

2.

This plan is

3.

Each life will

3:1

ideal for brother & sister.

be underwritten

separately.

2

99

   

policy.

       

all types

All types of insurance except Motor insurance

 

Only life

Only Non-life

       

100

3:1

Pooling of insurance applies to

insurance

insurance

 

insurance

1

   

The proposer can withdraw from the contract, if they disagree with the terms and conditions of the Policy,

within a ‘free look-in period’ of

15 days from the date of receipt of

20 days from the date of receipt of

25 days from the date of receipt of the policy document

30 days from the date of receipt of the policy document

       

101

3:1

 

the policy document

 

the policy document

1

         

Term

 

Absolute &

   

Sec 38 of Insurance Act 1938 Defines Assignment and its types

 

102

3:2

Types of assignment

 

Absolute

assignment

 

Conditiol

 

Conditiol

4

Assignment

Pg:79

                 

AGE is a factor for determining the Risk

 

3:2

why does an insurer insist on age proof document . To assess

 

SA

Risk assessment

 

Identity

 

Fincial

2

Insurance

Profile of the Proposer , thus allowing the underwriters to calculate the premium required for the plan

Pg :69

103

   

verification

assessment

Documents

   

Mr A submitted the proposal form . When will the risk begins for the

company?

Submission of

   

Agent accepts

 

Insurance

FPR is an Important document which is also an evidence that Risk has begun

 

104

3:2

proposal form

FPR issued

Policy issued

 

money

2

Documents

Pg :70

 

3:2

The obligation of the insurer for the

 

Operative

 

Preamble

 

Proviso

Endorsement

1

Insurance

The operative clause lays down the Mutual obligation of the parties .

Pg :71

105

whole life policy is mentioned in

Clause

   

Documents

           

Left thumb

       

Asvath is illiterate. He wants to take policy and surya is a friend of his help him is answering questions and answers and also fills proposal . In

addition to this requirement is

policy document need to be registered

Impressionof

3:2

 

Asvath

asvath thump

Asvath along

4

Key

The proposal form and the proposer's Sigture is the basis of the contract .

Pg :68

photograph

impression Only

 

with a

Documents

106

declaration of

his friend

   

Neeraj Parekh - Divisional Training Manager - Rajkot Division. (M) 99 78 99 88 55, email: neeraj.parekh@trng.bajajallianz.co.in