IC38 -English New Syllabus IC38 Mock Test-22
IC38 English Mock Test helps you prepare for the essential IRDAI IC38 exam to become an insurance agent. It covers insurance principles, regulations, claims, ethics, and sales techniques. Understand the exam pattern, boost your confidence and achieve success with our mock tests. Practice well and pass the exam on your first attempt!
1. How does the average longevity of the family impact the underwriter's decision?
It has no influence on the decision
It indicates a higher mortality risk
It indicates a lower mortality risk
It suggests a need for additional reports
Correct Answer
Wrong Answer
2. How many kinds of situations are there where loss of value of human life can occur?
One
Two
Three
Four
Correct Answer
Wrong Answer
3. How many times can the policyholder receive payments under the "diagnosis cover" for each covered vector borne disease in a policy year?
Once
Twice
Three times
Unlimited times
Correct Answer
Wrong Answer
4. Under what conditions are Home Care Treatment Expenses covered?
The insured person prefers to receive treatment at home.
Treatment duration exceeds 14 days
The medical practitioner advises the insured person to undergo treatment at home.
The treatment is administered by a family member.
Correct Answer
Wrong Answer
5. What additional benefits are typically included in a travel insurance package policy?
Accidental death/disability benefits
Loss of or delay in arrival of checked-in baggage
Third-party liability for property/personal damage
All of the above
Correct Answer
Wrong Answer
6. What are the elements of the insurance process?
Risk and risk avoidance
Assets, risk and risk pooling
Risk control and risk financing
Risk retention and risk transfer
Correct Answer
Wrong Answer
7. What details are called for regarding other illnesses or accidents?
Nature of illness/injury, date of first treatment, name and address of attending Doctor, and whether fully recovered
Monthly income and income tax PAN No.
Details of the proposer's occupation and address
Information about the cover and exclusions
Correct Answer
Wrong Answer
8. What distinguishes specific policy provisions from standard policy provisions?
Specific provisions are legally binding, while standard provisions are optional.
Specific provisions are applicable to certain types of policies, while standard provisions apply to all policies.
Specific provisions are linked to the individual policy contract, while standard provisions are statutorily provided .
Specific provisions are printed on the face of the document, while standard provisions are attached separately.
Correct Answer
Wrong Answer
9. What factor determines the claim amount in this type of cover?
The insured's medical history
The insured's actual expenses for treatment
The insurance company's profitability
The insured's gender
Correct Answer
Wrong Answer
10. What factors are examined and scored numerically when determining the amount of premium to be paid by each individual for health insurance?
Age, race, occupation, habits, etc.
Previous claims history
Financial status
All of the above
