Insurance

1. Which of the following is not a moral hazard?

Taking insurance at advanced age
A proposer with many dependents taking ins
When medical exam is done elsewhere
Proposal on another life without insurable interest

Join Our Telegram Channel

target="_blank" class="youtube-subscribe-button"> Subscribe on YouTube
not a moral hazard?" class="read-more button" href="https://exam.pscnotes.com/mcq/which-of-the-following-is-not-a-moral-hazard/#more-32604">Detailed SolutionWhich of the following is not a moral hazard?

2. In which of the following cases moral hazard could be suspected?

When the age is advanced
Large sum insured disproportionate to income
Both A & B
None of the three

Join Our Telegram Channel

6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
cases moral hazard could be suspected?" class="read-more button" href="https://exam.pscnotes.com/mcq/in-which-of-the-following-cases-moral-hazard-could-be-suspected/#more-32602">Detailed SolutionIn which of the following cases moral hazard could be suspected?

3. When special reports would be necessary?

When high sum insured is proposed
When age is advanced
Both A & B
None of the three

Join Our Telegram Channel
Subscribe on YouTube
necessary?" class="read-more button" href="https://exam.pscnotes.com/mcq/when-special-reports-would-be-necessary/#more-32603">Detailed SolutionWhen special reports would be necessary?

4. Women have significantly _________ longevity than men

Greater
Lesser
Neither greater nor lesser
Unable to say

Join Our Telegram Channel
Subscribe on YouTube
button" href="https://exam.pscnotes.com/mcq/women-have-significantly-_________-longevity-than-men/#more-32601">Detailed SolutionWomen have significantly _________ longevity than men

5. Characteristics of an individual which impact on risk (hazards) is classified into?

Financial and non-financial hazard
Physical and moral hazard
Philosophical and metaphysical hazard
Standard and non-standard hazard

Join Our Telegram Channel
Subscribe on YouTube
of an individual which impact on risk (hazards) is classified into?" class="read-more button" href="https://exam.pscnotes.com/mcq/characteristics-of-an-individual-which-impact-on-risk-hazards-is-classified-into/#more-32600">Detailed SolutionCharacteristics of an individual which impact on risk (hazards) is classified into?

6. Under Non-medical underwriting, which is not a condition to be followed?

Female
Limit in sum insured
Limit in age
Limit in income

Join Our Telegram Channel

74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube condition to be followed?" class="read-more button" href="https://exam.pscnotes.com/mcq/under-non-medical-underwriting-which-is-not-a-condition-to-be-followed/#more-32599">Detailed SolutionUnder Non-medical underwriting, which is not a condition to be followed?

7. Under which type of underwriting several conditions are to be followed?

Non-medical underwriting
Medical underwriting
Field underwriting
Financial underwriting

Detailed SolutionUnder

Join Our Telegram Channel
Subscribe on YouTube
which type of underwriting several conditions are to be followed?

8. Which of the following is correct?

Under absolute assignment, the assignee will have all rights
The assignee can deal with the policy in any manner
Under conditional assignment the policy shall revert back to the assignor on the happening of an event
All of the above

Join Our Telegram Channel
Subscribe on YouTube
title="Which of the following is correct?" class="read-more button" href="https://exam.pscnotes.com/mcq/which-of-the-following-is-correct-5/#more-32596">Detailed SolutionWhich of the following is correct?

9. Why non-medical underwriting is resorted to ?

To verify the income of the proposer
To save on cost of conducting medical exam
To check the antecedents of a person
To satisfy about the health of the proposer

Subscribe on YouTube

Join Our Telegram Channel
underwriting is resorted to ?" class="read-more button" href="https://exam.pscnotes.com/mcq/why-non-medical-underwriting-is-resorted-to/#more-32597">Detailed SolutionWhy non-medical underwriting is resorted to ?

10. In respect of Assignment which of the following is correct?

Assignee becomes owner of the policy
Assignee cannot have better rights than assignor
Both A & B
None of the above

Join Our Telegram Channel

89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube respect of Assignment which of the following is correct?" class="read-more button" href="https://exam.pscnotes.com/mcq/in-respect-of-assignment-which-of-the-following-is-correct/#more-32595">Detailed SolutionIn respect of Assignment which of the following is correct?

Page 1Page 2Page 3Page 4Page 5
Test 1Test 2Test 3Test 4Test 5Test 6Test 7Test 8Test 9Test 10Test 11Test 12Test 13Test 14Test 15Test 16