Q. How do agents advise on suitable insurance products to the customer?

View solution

Q. What is the purpose of a reference call made by one of the insurance company representatives to the customer?

View solution

Q. What is a 'proposal form' in the context of life insurance?

View solution

Q. What is the main purpose of KYC norms in the insurance industry?

View solution

Q. What are the rules that have been recommended for high risk profile persons?

View solution

Q. What is the purpose of KYC norms in the insurance industry?

View solution

Q. What is the process of medical underwriting in insurance?

View solution

Q. What is non-medical underwriting in insurance?

View solution

Q. What documents are required as proof of address for KYC norms in insurance?

View solution

Q. What is the role of insurance agents in the life insurance proposal process?

View solution

Q. What is the Agent's Confidential Report (ACR)?

View solution

Q. What adverse factors should be checked when assessing a client's medical and insurance history?

View solution

Q. What is a non-medical grid?

View solution

Q. What is the "MEDICAL-SUM-AT-RISK"?

View solution

Q. How is the medical test requirement determined for a client?

View solution

Q. What does an insurance company consider to determine whether a proposal is to be underwritten on a medical or non-medical basis?

View solution

Q. Under what circumstances may an underwriter treat a proposal under the medical scheme even if the client falls under the norms applicable for non-medical acceptance according to the non-medical grid?

View solution

Q. What factors and details are an important part of evaluating the risk profile of an individual?

View solution

Q. What is body mass index (BMI)?

View solution

Q. What have medico-actuarial studies proven about the extra risk associated with being either overweight or underweight?

View solution