Q. What is one of the primary underwriting considerations for personal accident insurance?

View solution

Q. In personal accident insurance, what does the term "Risk group I" typically represent?

View solution

Q. What is the general age limit for the working population (employer-employee) in personal accident insurance?

View solution

Q. What does a family package cover in a personal accident policy typically include?

View solution

Q. What criteria must a proposed "Group" fall under to avail of group discounts and other benefits?

View solution

Q. What is one of the factors that can determine the premium for Personal Accident (PA) policies in group insurance?

View solution

Q. Under what conditions can a group Personal Accident (PA) policy be issued excluding the death benefit?

View solution

Q. How are renewals of group policies rated based on claims experience?

View solution

Q. What happens when the claims experience for group policies is around 70 percent at the time of renewal?

View solution

Q. The principle of utmost good faith in underwriting is required to be followed by ___________.

View solution

Q. Insurable interest refers to ____________.

View solution

Q. Which of the following statements about medical underwriting is incorrect?

View solution

Q. Choose the correct option. (i) In a group health insurance, any of the individual constituting the group could anti-select against the insurer. (ii) Group health insurance provides coverage only to employer-employee groups.

View solution