1 |
Paid premium is refundable in case of: |
- A. Life insurance
- B. Fire insurance
- C. Valued policy
- D. Marine insurance
|
2 |
The company that insures is called |
- A. Insured
- B. Acceptor
- C. Propose/ Insurer
- D. Business company
|
3 |
Which insurance policy can be used as a security: |
- A. Marine insurance
- B. Fire insurance
- C. Lifeinsurance
- D. All the three
|
4 |
Types of accidental in insurance are |
- A. Four
- B. Two
- C. Three
- D. One
|
5 |
On the death of the insured, sum is paid to: |
- A. Friends
- B. Dependents
- C. Relatives
- D. Insurer
|
6 |
According to Jiwan Sathi insurance, the husband and wife are provided with financial security in |
- A. One installment
- B. Two installments
- C. Three installments
- D. Four installments
|
7 |
Why is public not include towards insurance in Pakistan? |
- A. Due to ignorance
- B. Due to poverty
- C. Due to economics backwardness
- D. All three
|
8 |
The person who gets himself insured is called |
- A. Insured
- B. Proposer
- C. Insurance policy
- D. Both a and b
|
9 |
If a person gets his property insured from to different company's then it is called: |
- A. Whole life insurance
- B. Double insurance
- C. Compensatory insurance
- D. None of these
|
10 |
Group insurance is popular among |
- A. Unemployed people
- B. Employed of business organizations
- C. House wives
- D. All the above
|