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Insurance Interview Questions and Answers
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Questions
Insurance
0
votes
Q: How do I know that the person I’m talking to about insurance is not a scam artist?
asked
Feb 5, 2021
in
Insurance
by
SakshiSharma
#insurance-policy
policy
auto-insurance
+1
vote
Q: Is it better to buy from a broker, agent, direct provider (insurance company that sells without an agent) or insurance website?
asked
Feb 1, 2021
in
Insurance
by
SakshiSharma
#broker
insurance-broker
auto-insurance
insurance
0
votes
Q: What information do I need to request a price quote?
asked
Feb 1, 2021
in
Insurance
by
SakshiSharma
#price-request
price-quote-request
auto-insurance
auto-price-quote
+1
vote
Q: How do I go about shopping for insurance?
asked
Feb 1, 2021
in
Insurance
by
SakshiSharma
#shopping-insurance
insurance-shopping
auto-insurance
insurance
+1
vote
Q: Do I need special insurance coverage if I get paid to give rides in my vehicle (for example, through a service such as Lyft, Uber or Sidecar)?
asked
Feb 1, 2021
in
Insurance
by
SakshiSharma
#special-coverage
insurance
auto-insurance
insurance-pay
0
votes
Q: How do I determine the deductible I should have?
asked
Feb 1, 2021
in
Insurance
by
SakshiSharma
#deductible
auto-insurance
auto-insurance-deductible
insurance-auto
0
votes
Q: How do I decide if I need collision or comprehensive coverage?
asked
Feb 1, 2021
in
Insurance
by
SakshiSharma
#comprehensive-coverage
insurance
auto-insurance
insurance-coverage
0
votes
Q: Do I need personal injury protection (PIP) or “medical payments” if I have health insurance?
asked
Feb 1, 2021
in
Insurance
by
SakshiSharma
#medical-payments
pip
personal-injury-protection
auto-insurance
insurance
insurance-payments
0
votes
Q: Who is the present CMD of National Insurance Company Limited (NICL)?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#national-insurance-company-cmd
0
votes
Q: The General Insurance Corporation of India (GIC) was notified as the Indian Reinsurer in which year?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#general-insurance-corporation
0
votes
Q: An insurance product that pays out income to the holder at specified intervals usually after retirement is known as ___________
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#insurance-product
0
votes
Q: The National Insurance Company Limited is a type of __________ insurance company
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#national-insurance-company
0
votes
Q: The National Insurance Academy is located in which city?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#national-insurance-academy
0
votes
Q: The Indian Insurance Companies Act was enacted in which year?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#indian-insurance-companies-act
0
votes
Q: The Indian Life Assurance Companies Act was passed in which year to regulate life insurance business in India?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#indian-life-assurance
0
votes
Q: Bombay Mutual Life Assurance Society was the first life insurance company in India to insure Indian lives. It was set up in which year?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#bombay-life-assurance
0
votes
Q: How many public sector life insurance companies are functional in India?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#life-insurance-companies
0
votes
Q: What does U stands for in ULIP with respect to insurance sector?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#ulip
0
votes
Q: How many insurance companies were merged to form the Life Insurance Corporation of India?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#insurance-companies
0
votes
Q: Which of the following is a reinsurance company in India?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#reinsurance-company
0
votes
Q: Who is the Chairman of the IRDAI?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#irdai-chairman
0
votes
Q: The board of IRDAI consists of how many members?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#irdai-memers
0
votes
Q: The headquarter of Insurance Regulatory and Development Authority of India (IRDAI) is in which city?
asked
Nov 3, 2020
in
Insurance
by
SakshiSharma
#irdai-headquater
0
votes
Q: Which section of Insurance Act, 1938 grants power to IRDA to frame regulations?
asked
Nov 2, 2020
in
Insurance
by
rahuljain1
#irda-frame-regulations
0
votes
Q: What is the FDI limit in the Insurance sector?
asked
Nov 2, 2020
in
Insurance
by
rahuljain1
#fdi-limit
#limit-fdi
0
votes
Q: The IRDA was incorporated as a statutory body on______________?
asked
Nov 2, 2020
in
Insurance
by
rahuljain1
#irda-insurance-body
0
votes
Q: IRDA Act was passed in which year by the Government of India?
asked
Nov 2, 2020
in
Insurance
by
rahuljain1
#irda-act
#irda-act-india
0
votes
Q: The Insurance Regulatory and Development Authority (IRDA) was formed on the recommendation of which committee?
asked
Nov 2, 2020
in
Insurance
by
rahuljain1
#irda
#insurance-regulatory-development-authority
0
votes
Q: The General Insurance Business in India was nationalized in which year?
asked
Nov 2, 2020
in
Insurance
by
rahuljain1
#general-insurance-business-nationalized
#general-insurance-of-india
0
votes
Q: The Life Insurance Business in India was nationalized in which year?
asked
Nov 2, 2020
in
Insurance
by
rahuljain1
#life-insurance-business
#lic-business-nationalized
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