Sample Questions
 

1. What is the first step in claim settlement?
A. Claim Evaluation
B. Claim intimation
C. Claim repudiation
D. None of the above

2. Which of the following can be claim document
A. Invoice
B. Original policy
C. Bill of entry
D. All of the above

3. Which of the following can be the basis of claim processing?
A. The claim form
B. Report from surveyors
C. Documents furnished by the insured
D. All of the above

4. Whom does the Fit & Proper Criteria apply to?
A. Director
B. Manager
C. Agent
D. None of the above

5. What is the monetary limit below which surveyor is not appointed?
A. Rs. 20,000/-
B. Rs. 2,00,000/-
C. Rs. 20,00,000/-
D. None of the above


Answers:      1 (B), 2 (D), 3 (D), 4 (A), 5 (A)

 

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