Pre-Hiring Assessment

When was IRDA renamed as IRDAI?

Which of the following is True: Amendment to the Insurance Act in 2015 stipulates that:

Which among the following is currently exempt from the purview of the regulator?

Which is the first Indian insurance company?

What is meant by customer lifetime value?

_______ acts as a central repository of insurance grievance data and as a tool for monitoring grievance redress in the industry

State True or False – Consumer Disputes Redressal agencies have powers of a Civil Court.

What is the fee for filing a complaint or filing an appeal whether before the State Commission or National Commission?

A customer having complaint regarding his insurance policy can approach IRDA through ___________

A Corporate Agent (Life) may have arrangements with a maximum of ______ life insurers to solicit, procure and service their insurance products.

A corporate agent is permitted to submit the application for renewal of registration ________ prior to the expiry of the registration.

State True or False: A Corporate Agent (Composite) can do only Life Insurance and General Insurance Business.

The specified person shall have undergone at least ______ hours of training for the specified category of life, general, health for' which registration is sought for.

The specified person of corporate agent (composite) shall have undergone _______hours of training.

State True or False: HLV helps to determine how much corpus one should save in his lifetime.

According to IRDAI’s new guidelines for traditional products, death cover for single premium policies for those above 45 years will be _____ of single premium.

Which was Act that was formed as the first statutory measure to regulate life insurance business in India?

Insurance Ombudsman is appointed by ___________

R N Malhotra, Chairman of the Malhotra Committee set up by Government was __________

Total number of General Insurance Companies currently operating in India is __________

An insurance Ombudsman is appointed for a term of _____ years

For disputes where enquiry or adjudication is required you should approach_________.

Insurance Awareness Day is celebrated on _____.

The IRDA was incorporated as a statutory body in April, _____.

Which of the following is the Indian Reinsurer?