Question

According to IRDAI Regulations for protecting policyholder's interests, what information should a Health Insurance Policy document contain?

a.

Only the premium payable

b.

Only the policy terms and conditions

c.

The name(s) and address(es) of the insured, the sum insured, premium payable, and policy terms

d.

Only the date of birth of the insured and corresponding age

Posted under IC38 Life Insurance Agent Exam

Answer: (c).The name(s) and address(es) of the insured, the sum insured, premium payable, and policy terms Explanation:According to IRDAI Regulations, a Health Insurance Policy document should contain various details, including the name(s) and address(es) of the insured, the sum insured, premium payable, and policy terms.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. According to IRDAI Regulations for protecting policyholder's interests, what information should a Health Insurance Policy document contain?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What is the purpose of including the "Provision for cancellation of the policy on grounds of misrepresentation, fraud, non-disclosure of material facts, or non-cooperation of the insured" in a health insurance policy document?

View solution

Q. What is a "condition" in the context of an insurance contract?

View solution

Q. How does a breach of condition affect an insurance policy?

View solution

Q. What is a "warranty" in an insurance contract?

View solution

Q. How must warranties be observed and complied with according to insurance principles?

View solution

Q. Which of the following is NOT an example of a condition in an insurance policy?

View solution

Q. What is the purpose of an endorsement in an insurance policy?

View solution

Q. When are endorsements typically issued in an insurance policy?

View solution

Q. What is the role of endorsements in the insurance contract?

View solution

Q. When might an endorsement be issued to an insurance policy?

View solution

Q. If you want to add a new peril to your insurance policy, what should you request?

View solution

Q. Which of the below statement is correct with regards to a warranty?

View solution

Q. If certain terms and conditions of the policy need to be modified at the time of issuance, it is done by setting out the amendments through __________.

View solution
View All MCQs on IC38 Life Insurance Agent Exam

Recommended Subjects

Are you eager to expand your knowledge beyond IC38 Life Insurance Agent Exam? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Corrosion Engineering

Master the art of preventing material deterioration with our Corrosion Engineering...

Electrical Measurement and Instrumentation

Unlock the world of electrical measurements with our dedicated category. Explore...

Heat Transfer

Explore the fascinating world of heat transfer with our Heat Transfer category....

Geotechnical Engineering

Dive into the world of Geotechnical Engineering with our dedicated category. Explore...

Sociology

Gain insights into human behavior and society with our Sociology category. Explore...

Cost Accounting

Dive into the realm of Cost Accounting with our specialized category. Explore cost...

Biology

Dive into the realm of life sciences with our Biology category. Explore the wonders...

Life Sciences

Delve into the diverse world of life sciences with our specialized category. Explore...

Electronics and Communication Engineering

Explore the dynamic field of Electronics and Communication Engineering with our...