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Tuesday, 21 April 2026
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Insurance Past Questions and Answers

Insurance Questions

Question 81:
The period of insurance in non-life insurance contract is usually
  • A One month
  • B One year
  • C Two years
  • D Three years
View Answer & Explanation
Question 82:
The demand for payment made by the insured to the insurer following occurence of the event insured against is
  • A Consideration
  • B Gratification
  • C Commission
  • D Claim
View Answer & Explanation
Question 83:
Term insurance benefits are payable
  • A Maturity
  • B At surrender
  • C At death
  • D Before maturity
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Question 84:
which type of insurance product is appropriate for a young couple who is embarking on a holiday trip abroad?
  • A Whole life policy
  • B Investment linked policy
  • C Education endowment policy
  • D Term assurance policy
View Answer & Explanation
Question 85:
information required in a proposal form for employer's liability is insurance include
  • A Age and health condition of the employees
  • B The number of employees and the annual wage roll of the proposer
  • C Nature and description of goods to be carried or dispatched
  • D The extent to which the vehicle of the proposer will be put to private use
View Answer & Explanation