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Insurance Interview Questions

Below we have listed all the Insurance Interview Questions and answers. Feel free to comment on any Insurance Interview Questions or answer by the comment feature available on the page.

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View All Insurance Interview Questions & Answers - Exam Mode / Learning Mode

Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An entity which provides insurance is known as an insurer, insurance company, or insurance carrier. Insurance is a form of risk management in which the insured transfers the cost of potential loss to another entity in exchange for monetary compensation known as the premium.

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Subcategories for Insurance Interview Questions & Answers :-

Following are sub categories for which Interview Questions & Answers are available under Insurance Interview Questions & Answers. Please select the appropriate sub-category:-

Auto / Vehicle / Motor Insurance Interview Questions & Answers (20) Exam Mode | Learning Mode

Employee Deposit Linked Insurance Interview Questions & Answers (10) Exam Mode | Learning Mode

Endowment Plans Interview Questions & Answers (5) Exam Mode | Learning Mode

Health Insurance Interview Questions & Answers (50) Exam Mode | Learning Mode

Home Insurance Interview Questions & Answers (8) Exam Mode | Learning Mode

Money Back Policy Interview Questions & Answers (3) Exam Mode | Learning Mode

Term Life Insurance Interview Questions & Answers (29) Exam Mode | Learning Mode

Travel Insurance Interview Questions & Answers (10) Exam Mode | Learning Mode

Unit Linked Insurance Plans (ULIP) Interview Questions & Answers (5) Exam Mode | Learning Mode


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What is underwriting in insurance?
3.2 Rating
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Has there been any change in service tax for insurance premium after budget?
3.3 Rating
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Why do different insurance companies show different benefit illustration on their website or product brochures?
4.3 Rating
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What is the difference between sum assured and sum insured?
3.0 Rating
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Can I buy a family floater insurance plan for my in-laws?
3.6 Rating
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Does CSR (Claim Settlement Ratio) of an insurance company include wrong or fraudulent claims too?
4.3 Rating
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Who can apply to become a TPA with an insurance company?
4.9 Rating
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What is Incurred Claim Ratio in insurance?
3.4 Rating
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How do I convert my existing paper insurance policy to electronic form?
4.9 Rating
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Is it advisable to cancel my existing policy and replace it with another?
4.6 Rating
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What happens when I fail to make the required premium payments on the due date?
4.2 Rating
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How do I make a claim of my insurance policy? How long will it take to get the final settlement?
4.4 Rating
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How can I find out if the insurance agent is authorized to sell life insurance policy?
4.8 Rating
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Will I get full refund of the premium paid, if I cancel my policy within the free lock period?
4.0 Rating
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If I start a company with a new product can I get my product insured for any quality issue?
4.4 Rating
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Is TDS now being deducted on insurance policies?
4.1 Rating
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How can I check the claim settlement ratio record of any insurance company?
3.2 Rating
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What is the internal rate of return when it comes to insurance policy?
3.7 Rating
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Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal
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