Question
a.
Interests must be declared only if they directly benefit the surveyor.
b.
No declaration is required.
c.
Declare whether there is any interest in the subject-matter or if it pertains to relatives, business partners, or through material shareholding.
d.
Interests need to be declared only if they are related to the insured party.
Posted under IC 14 Regulations of Insurance Business
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. In the context of surveying and loss assessment, what should a surveyor declare regarding any interest in the subject-matter?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What duty does a surveyor have regarding confidentiality and neutrality when dealing with losses?
View solution
Q. What responsibility does a surveyor have in relation to the causes and circumstances of the loss?
View solution
Q. What is the maximum period within which a surveyor or loss assessor should submit their report to the insurer after appointment?
View solution
Q. How can the period for submitting a surveyor's report be extended beyond 30 days?
View solution
Q. How are surveyors and loss assessors categorized?
View solution
Q. What are the three categories into which surveyors and loss assessors may be classified?
View solution
Q. According to the Code of Conduct, what does "integrity" imply for a surveyor and loss assessor?
View solution
Q. According to the Code of Conduct, when should a surveyor and loss assessor disclose their appointment?
View solution
Q. What is the responsibility of a surveyor and loss assessor regarding confidentiality?
View solution
Q. What does practical training for a surveyor and loss assessor involve?
View solution
Q. What is required for a surveyor and loss assessor to obtain a license for a specific area?
View solution
Q. What may the IRDA prescribe for obtaining a license under Regulation 3?
View solution
Q. What is the responsibility of a licensed surveyor and loss assessor regarding submission of returns?
View solution
Q. What authority does the IRDA have regarding inspection of survey work and books of surveyors and loss assessors?
View solution
Q. What is a "Composite Insurance Agent"?
View solution
Q. What is the minimum qualification required to become an insurance agent in areas with a population of 5,000 people or more?
View solution
Q. What functions are included in the scope of brokers that go beyond corporate or individual agents?
View solution
Q. What is the minimum capital requirement for a direct broker, reinsurance broker, and composite broker?
View solution
Q. How long is a license issued to an insurance agent valid?
View solution
Q. Is there a ceiling on the proportion of business that insurance brokers and corporate agents can obtain from a single organization or person?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 14 Regulations of Insurance Business? 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!
