Weekly Insurance Digest-August 15,2021

Q-7- Which Insurance company launched Guaranteed Annuity Plan recently?

  1. SBI Life Insurance
  2. TATA AIA Life Insurance
  3. Life Insurance Corporation
  4. Aditya Birla Sun Life Insurance

Option-4 Aditya Birla Sun Life Insurance launched Single Premium annuity plan for both Individual and Group plateform.

Q-8- As per recent reports which insurance companies majorly got benefitted from PMFBY?

  1. Private sector insurance companies
  2. Public sector insurance companies
  3. Both above
  4. Can’t say

Option-1 PMFBY benefitted to Private insurer players.The department of agriculture and farmers welfare furnished the figures in its report to the Parliamentary Standing Committee on Agriculture’s report.

Q-9- Which insurance company launched comprehensive Drone Insurance cover as per DGCA guidelines?

  1. SBI General Insurance Company
  2. Reliance General Insurance Company
  3. Tata AIG General insurance Company
  4. ICICI Lombard General Insurance Company

Option-4 ICICI Lombard General Insurance has launched a comprehensive remotely piloted aircraft insurance plan, specially for drone operators.

Q-10- Which State government decided to cover 8.5 lakh farming families under Health insurance scheme

  1. Punjab
  2. Haryana
  3. Uttar Pradesh
  4. Madhya Pradesh

Option-1 The Punjab government has decided to bring nearly 8.5 lakh farmers and their families under the ambit of the health insurance cover for the year 2021-22.

Q-11- IRDAI says fasten life insurance claims settlement of Maharashtra

  1. Fire affected persons
  2. Flood affected persons
  3. COVID affected persons
  4. Accident affected persons

Option-2 IRDAI says fasten life insurance claims settlement of Maharashtra flood victims.

Q-12- Life insurers see _______ in new premium collections in July 2021.

  1. 11% rise
  2. 10% rise
  3. 11% drop
  4. 10% drop

Option-3 Life insurers see 11% drop in new premium collections in July 2021.

Q-13- ABSLI is the Life subsidary of ___________

  1. Aditya Birla Corporation Ltd.(ABCL)
  2. Andhra Bank Corporation Ltd.(ABCL)
  3. Aegon Bima Corporation Ltd.(ABCL)
  4. None of above

Option-1 ABSLI is the Life subsidary of Aditya Birla Corporation Ltd.(ABCL)

Q-14- The expanded form of DIGC

  1. Deposit India and Credit Guarantee Corporation (DICGC)
  2. Deposit Income and Credit Guarantee Corporation (DICGC)
  3. Deposit Insurance and Credit Guarantee Corporation (DICGC)
  4. None of above

Option-3 Deposit Insurance and Credit Guarantee Corporation (DICGC).

Q-15- The State government of hyderabad has announced implementation of insurance scheme for

  1. Farmers
  2. COVID Fighters
  3. Handloom workers
  4. None of above

Option-3 The State government of Hyderabad has announced implementation of insurance scheme for handloom workers on the lines of Rythu Bima extended to farmers.

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