IC-33 III EXAMS

INTRODUCTION TO INSURANCE Chapter -1

What is insurance ? Pooling and Sharing History Lloyds Caf house London Example of cow as an asset Purpose of insurance & need Peril & Risk Human asset
IMPORTANT Question 1. ,7., 10., 11., 14. ,17., 19.,22. , 23, 24.,25. , 28., 33., 35., 36, 37 ., 40.,46., 48,

Trustee
Reinsurance

PERINCEPAL OF LIFE ASSURANCE LIFE INSURANCE CHAPTER-2 IS A CONTRACT

UTMOST GOOD FAITH INSURABLE INTREST PRINCEPAL OF INDIMNITY CLASSIFICATION OF RISK

IMPORTANT QUESTION 1., 3., 4., 5., 6. 8. 10.,14.,15.,17.,19,21.,23.,25.,26.,29.,33., 36.,

PREMIUMS AND BONUSES CHAPTER -3

WHAT IS PRIMEUM ?

DEFFRENCE BETWEEN ACTURY AND UNDERWRITER

NET PREMIUM, RISK PREMIUM, PURE PREMIUM AND OFFICE PREMIUM LOADING LEVEL PREMIUM EXTRA PREMIUM BONUSES - SIMPLE REVERSIONARY - COMPUND REVERSIONARY - INTRIM BONUS

IMPORTANT QUESTION 6., 10., 11., 12. , 13., 16., 17., 18., 19. 20.,. 23.,26., 29., 32., 34., 35., 37., 40., 43., 44.,

PREMIUMS AND BONUSES CHAPTER -3 (NUMERICALS)

PREMIUM MONTHLY 92.80 MONTHLY 93.00 MONTHLY 97.00 MONTHLY 137.00 MONTHLY 4121.00 QUARTELY 320.00 HALF YEARLY 1266.5(1974) HALF YEARLY 1293.5(1978) HALF YEARLY 4275.00 YEARLY 1242.00 YEARLY 3310.00 YEARLY 61320.00

LIFE INSURANCE PRODUCTS CHAPTER-4

DEATH COVER & SURVIVAL BENEFIT

TERM ASSURANCE,PURE ENDOWMENT, WHOLE LIFE TERM PLAN, CONVERTIBLE POLICIES SALARY SAVING SCHEMES RIDERS ANNUTIES- DEFFERED ANNUTIES - IMMEDIATE ANNUTIES

GROUP INSURANCE

IMPORTANT QUESTIONS 2.,6.,13.,14.,16., 19., 24. , 37., 38., 40., 43., 44., 48., 50., 51., 52., 54.,58.,59., 75., 76., 82.,84., 90., 91., 94., 95., 98., 101, 103.,104,

UNDERWRITIN CHAPTER-05

WHAT IS RISK ?

-PHYSICAL,OCCUPATIONAL,MORAL

FINACIAL UNDERWRITING ASSESING RISK ADVERSE SELECTION NON MEDICAL UNDERWRITING FEMALE LIVES RECENT TRENDS- HABITS- EXP:SMOKING - METABOLIC DISORDER : MANAGED DIABTES

IMPORTANT QUESTION 1, 2., 3., 6.,9., 13.,16., 19., 20., 23., 25., 27. , 30., 34., 35,

INSURANCE DOCUMENTS CHAPTER-06

PROPASAL FORM PERSONAL STATEMENT FPR (FRIST PREMIUM RECIPT) RPR (RENEWAL PREMIUM RECPIT) THE POLICY DOCUMENTS ENDORSEMENTS RENEWALS & UTMOST GOOD FAITH

LAPES AND NON FOREITURE PAIDUP VALUE KEEPING POLICY IN FORCE EXTENDED TERM INSURANCE ASSIGNMENT (ASSIGNMENT BY ENDORSEMENT)

- ASSIGNOR & ASSIGNEE

ABSOLUTE ASSIGNMENT & CONDITIONAL ASSIGNMENT NOMINATION SURRENDER & LOANS

POLICY CON CHAPTER-07

FORECLOSURE
ALTERATIONS MWP (MARRIED WOMENS PROPERTY) ACT LOSS OF POLICIES

IMPORTANT QUESTION 4.,8.,9.,10. ,11.,12.,13.,16.,17.,18.,21., 22.,32.,36.,47.,50.,54.,59.,61. ,65.,66.,70.,77.,80.,83.,90.,92. ,95.,99.,102., 103., 104,

POLICY CONDITIONS CHAPTER-07

SURRENDER VALUE 2955 8740 65520 LOANS 12150 (1991) 7866 (1992) 58968 (1993) 2880 (2002) 8370 (2003) 2660 (2007) NONE OF THESE (IF DOC IS 13.7.1990)

CLAIMS CHAPTER-8

MATURITY CLAIMS SURVIVAL BENEFITS PAYMENTS DEATH CLAIMS CLAIM CLONCESSION PRESUMPTION OF DEATH (A PERSON LOST FOR 7 YEARS & COURTS ORDER IS CONCIDORED) ACCIDENT AND DISABILITY BENIFTS

CLAIMS CHAPTER-8
MATURITY CLAIM 69500 DEATH CLAIM 72160 88760 89700 97000 99500 SUCIDE CLAIM NOTHING(IF DEATH DATE IS 30 TH JUNE 2007) 100000(IF DEATH DATE IS 25 TH MARCH)

UNIT LINKED LIFE INSURANCE PRODUCTS CHAPTER-09 LINKED POLICY? WHAT IS UNIT

OPTION OF FUNDS FLEXIBILITY NET ASSETS VALUE OR NAV LOCK IN RIDERS

IMPORTANT QUESTIONS