Insurance - Study Mode

[#776] Standard provisions of a policy contains which of the following information?
Correct Answer

(A) Rights/Privileges

[#777] Specific policy provisions may contain –
Correct Answer

(B) Clause

Explanation

Solution: Specific policy provisions may contain Clause. The clause that contains the basic promise of the life insurance company to pay a specified sum of money to a beneficiary upon the death of the insured.

[#778] _________ relate to one’s ability to interact effectively with other workers and customers, both at work and outside.
Correct Answer

(B) Soft skills

Explanation

Solution: Soft skills relate to one’s ability to interact effectively with other workers and customers, both at work and outside. A soft skill is a personal attribute that supports situational awareness and enhances an individual's ability to get a job done. The term soft skills is often used as a synonym for people skills or emotional intelligence.

[#779] Which of the below elements promote trust?
Correct Answer

(C) Attraction, communication and being present

Explanation

Solution: Attraction, communication and being present are the three elements to promote trust.

[#780] Which of the below consumer grievance redressal agencies would handle consumer disputes amounting between Rs. 20 lakhs and Rs. 100 lakhs?
Correct Answer

(B) State Commission

Explanation

Solution: State Commission would handle consumer disputes amounting between Rs. 20 lakhs and Rs. 100 lakhs.