The Weekly Insurance Digest having Insurance General Knowledge questions from the weekly updates.
Basically, this is the compendium of Insurance GK questions from the week’s major happenings in the Insurance sector.
InsuranceGK weekly current affairs quiz is having the latest GK quiz questions about insurance.
It is a compendium of all Insurance latest updates, launched and industry developments across all branches of Insurance. It aims to test the learning of InsuranceGK visitors with Industry updates in one place.
This weekly Insurance quiz will definitely help all Insurance examination aspirants and Insurance professionals to update their current Insurance knowledge or affairs.
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Q-1- How many days Free look period in policies?
- 15 days
- 30 days
- both of above
- none of above
Option-3 Free look period is the time you receive your policy documents, you get 15 days (even some companies provide 30 days from the date of dispatch) to review it, and if you are not satisfied, you can return the policy to the insurer.
Q-2- ‘Total Protect Plus’ a new term life Insurance plan is launched by
- SBI Life Insurance
- Max Life Insurance
- HDFC Life Insurance
- Edelweiss Tokio Life Insurance
Option-4 Edelweiss Tokio Life Insurance recently launched a new term life insurance plan – Total Protect Plus.
Q-3- The life cover under ‘Total Protect Plus’ is
- 80 years
- 85 years
- 90 years
- 100 years
Option-4 Life cover under Total Protect Plus plan is 100 years.
Q-4- Under ‘Total Protect Plus’ plan unique _______discount on first-year premium if medicals completed within 7 days of purchase.
- 5%
- 6%
- 8%
- 10%
Option-2 Under this plan a 6% discount on first-year premium if medicals completed within 7 days of purchase.
Q-5- From below which is not one of feature of ‘Total Protect Plus’ plan
- Optional feature of getting monthly income
- Optional Better Half Benefit, which offers a cover to your spouse post your death
- Option of either Regular Pay, or Limited Pay of premiums for 5 / 7/ 10/ 15/ 20 years
- Optional Return of Premium benefit, allowing 100% of total paid premiums back when the policy matures
Option-1 There is no such optional feature of monthly income in this plan.
Q-6- Due to this ongoing uncertain time, which Insurance company has come up with an opportunity for the revival of lapsed insurance policies.
- Max Life Insurance
- TATA AIA Life Insurance
- Life Insurance Corporation
- Aditya Birla Sun Life Insurance
Option-3 To provide continued risk cover in these uncertain times, Life Insurance Corporation (LIC) has come up with an opportunity for the revival of lapsed insurance policies.
Q-7- For individual lapsed policies, a Special Revival Campaign is being launched from
- 01 August 2021 to 31 October 2021
- 15 August 2021 to 14 October 2021
- 23 August 2021 to 22 October 2021
- 25 August 2021 to 24 October 2021
Option-3 A Special Revival Campaign is being launched from 23 August 2021 to 22 October 2021, for individual lapsed policies.