Monthly Archives: March 2019

Insurance Awareness Quiz 127

Insurance Awareness Quiz for LIC AAO 2019

Welcome to your Insurance Awareness Quiz 127

1.  A claim on the property is known as ________ ?
2. An insurance bought by an insurance company for its own protection is known by which term ?
3. An arrangement in which many intermediaries take commissions through reinsurance agreements is known as ________ ?
4. Which of the following is not a Life insurance company ?
5. The sum of money, which a policy holder will get on the exit of a policy before its maturity period is known as ________ ?
6. The proposed National Health Protection scheme will cover which of the following sectors of Health ?
7. The type of risks which affects a large number of policyholders simultaneously is called?
8. What is the maximum deposit amount insured by DICGC ?
9. Which of the following describes the insurance which cushions the business from uncertain expenses ?
10. A ULIP is a life insurance policy which provides a combination of risk cover and investment. Here ULIP stands for ?

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