IRDA LIC Agent Model Question Paper

Will you provide the question paper of IRDA LIC Agent (Insurance Regulatory and Development Authority)?

[Quick Sam]

As you are looking for question paper of IRDA LIC Agent, here I am providing few questions for your idea.
1.A policy, in which payment to the annuitant begins five years after the policy has
commenced, is called ___________annuity.
a. Deferred b. Certain c. immediate d. five year

2.A duplicate policy may be issued when the original has been _______.
a. Mutilated b. burnt c. Stolen d. All the above

3. What right does a consumer have?
a. Right of redressal b. Right to information c. right to education
c. all the above

4. What is required to pay the death claim if there is no will, nomination or
Assignment?
a. Probate b. Birth certificate c. proof of title d. Court order

5. When we agree to pay a claim, it is called _____________.
a. Admission b. payment c. submission d. consideration

6. Which of the statement/s are True?
A. Insurance helps one to be less dependent on others.

B. Insurance is necessary to cover the risk of living too long.
a. Only A b. only B c. Both d. Neither

7. Which of the following are true?
A. The community of policyholders shares insurance claims.
B. In insurance, every policyholder contributes to the losses incurred by
others.
a. Only A b. only B c. both d. neither

8. Which of the following are true?
A. Insurance works on the law of averages.
B. Insurance is possible only when there are many policyholders.
a. Only A b. only B c. both d.neither

9. Annuity covers the risk of ______________
a. Death b. accident c. Living too long d. sickness

10. Which of the following are true?
A. Accident Benefit is an option available on payment of additional amount.
B. Accident Benefit cover is automatic in all life insurance policies.
a. Only A b. only B c. both d. Neither
IRDA Agent Sample Question Paper







For more questions,here I am giving attachment

Please provide answers then only what we did correct or not .