Question
a.
To increase insurance premiums
b.
To simplify insurance policies
c.
To ensure fair treatment to policyholders
d.
To promote insurance sales
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. What is the motive behind the Key Feature Document?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is the temporary insurance certificate issued to the customer before issuing the insurance policy known as?
View solution
Q. Within how many days should a proposal be processed by the insurer?
View solution
Q. Free look option has to be exercised within how many days?
View solution
Q. ___________was created by the Government of India for quick disposal of grievances of the insured customers.
View solution
Q. What is the penal interest that the insurance company has to give to the claimant in case of delay in payment of claim?
View solution
Q. What should be the font size of the Key Feature Document?
View solution
Q. Which of the following fall in the pre-sale stage of the insurance policy?
View solution
Q. What is the ceiling limit for the premium for all riders put together?
View solution
Q. ________ is a legal document setting out the terms and conditions of the contract.
View solution
Q. Which rules have been framed by the Central Government in 1988 to resolve all complaints related to settlement of complaints?
View solution
Q. Who should be appointed for assessing the loss / claim?
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!
