Deck 5: Insurance and Risk Management: Part A

Question 1

………….are the middlemen in the healthcare delivery chain in insurance sector.

A)surveyors
B)loss assessors
C)brokers
D)TPAs

Answer 1

TPAs

Question 2

……………is insurance companies tying up with banks to sell insurance products.

A)franchising
B)merger
C)bancassurance
D)insuranced linked banking

Answer 2

bancassurance

Question 3

…………..company sent 50,000 direct mailers to office -goers in Mumbai through their lunch boxes.

A)Bajaj insurance
B)Reliance insurance
C)Icici insurance
D)Tata insurance

Answer 3

Icici insurance

Question 4

ICICI prudential Life insurance company sent 50,000 direct mailers to office -goers in Mumbai through their lunch boxes.It is a

A)Worksite marketing
B)Direct marketing
C)retail marketing
D)none of these.

Question 5

The Bombay Mutual Assurance Society Ltd. formed in ________

A)1870
B)1970
C)1960
D)1865

Question 6

Employee's State Insurance Corporation was established in ________

A)1968
B)1958
C)1948
D)1988

Question 7

From the following which is the dilly or powers of IRDA.

A)To regulate, promote and ensure orderly growth of the insurance business
B)To exercise all powers and functions of the Controller of Insurance
C)To promote and regulate professional organizations connected with insurance business
D)All of these