Q. Within what timeframe can a customer cancel a life insurance policy under the free-look period option?

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Q. What is the purpose of the Insurance Ombudsman?

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Q. What obligation does every insurer carrying on life insurance business have regarding policy lapses?

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Q. Within what timeframe must a life insurance company settle or dispute a claim?

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Q. What is the motive behind the Key Feature Document?

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Q. What is the temporary insurance certificate issued to the customer before issuing the insurance policy known as?

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Q. Within how many days should a proposal be processed by the insurer?

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Q. Free look option has to be exercised within how many days?

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Q. ___________was created by the Government of India for quick disposal of grievances of the insured customers.

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Q. What is the penal interest that the insurance company has to give to the claimant in case of delay in payment of claim?

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Q. What should be the font size of the Key Feature Document?

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Q. Which of the following fall in the pre-sale stage of the insurance policy?

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Q. What is the ceiling limit for the premium for all riders put together?

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Q. ________ is a legal document setting out the terms and conditions of the contract.

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Q. Which rules have been framed by the Central Government in 1988 to resolve all complaints related to settlement of complaints?

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Q. Who should be appointed for assessing the loss / claim?

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