Question
a.
To request a claim from the insurer
b.
To report a claim after an incident
c.
To provide necessary information to the insurer for underwriting
d.
To pay the insurance premium
Posted under IC38 Life Insurance Agent Exam
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Q. What is the purpose of a Proposal Form in the insurance application process?
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Q. What is the main consequence of providing incorrect or concealed information on the Proposal Form?
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Q. What is the primary purpose of the Proposal Form in the insurance documentation process?
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Q. What kind of information is collected in the Proposal Form for life and health insurances?
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Q. In addition to personal details, what other information may be asked for in the Proposal Form depending on the insurance product?
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Q. What is the role of insurance advisors in the Proposal Form process?
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Q. Which document(s) may be collected to determine the true identity of the proposer?
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Q. What is the primary purpose of the declaration at the end of the Proposal Form?
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Q. What information does the Proposal Form typically collect from the proposer?
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Q. Which of the following is not relevant in respect of a Proposal form?
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