Question
a.
7 days
b.
15 days
c.
30 days
d.
45 days
Posted under IC38 Life Insurance Agent Exam
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Q. How long does the insurer have to provide a copy of the proposal to the insured, as per IRDAI guidelines?
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Q. In which stage of the insurance process does the duty of disclosure begin?
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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 is the role of the declaration in the Proposal Form regarding the principle of utmost good faith?
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Q. What information does the Proposal Form typically collect from the proposer?
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Q. What is the purpose of the agent's recommendations in the Proposal Form?
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Q. What is the significance of the declaration in the Proposal Form for the insured and the insurer?
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Q. Which of the following is not relevant in respect of a Proposal form?
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Q. What is Money Laundering?
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Q. The Prevention of Money Laundering Act (PMLA), 2002:
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Q. Purpose of PMLA (Prevention of Money Laundering Act):
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Q. What are Anti-Money Laundering (AML) guidelines?:
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Q. Importance of Anti-Money Laundering (AML) guidelines:
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Q. KYC (Know Your Customer) norms:
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Q. What is the primary objective of KYC (Know Your Customer) guidelines for businesses, including insurers?
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