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Comprehensive Guide to Insurance Agents

The document outlines various aspects of insurance, including the role and qualifications of insurance agents, the process of license renewal, and definitions of key terms such as insurance and underwriting. It discusses the principles of insurance, the differences between nomination and assignment, and the importance of insurance in economic development and social security. Additionally, it includes short notes on claim settlement objectives, codes of conduct, company profiles, promotional strategies, and the proposal form.

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harshsingh79030
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5 views1 page

Comprehensive Guide to Insurance Agents

The document outlines various aspects of insurance, including the role and qualifications of insurance agents, the process of license renewal, and definitions of key terms such as insurance and underwriting. It discusses the principles of insurance, the differences between nomination and assignment, and the importance of insurance in economic development and social security. Additionally, it includes short notes on claim settlement objectives, codes of conduct, company profiles, promotional strategies, and the proposal form.

Uploaded by

harshsingh79030
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Model Question

1. Explain the meaning of Insurance agent. Who can become an insurance agent?
2. Write the condition, Skills and qualification for became an insurance agent and write the
function of insurance agent.
3. Explain the process of Renewal of license.
4. Define the term insurance. Write the purpose and need of Insurance and also explain the
different type of principals of Insurance.
5. What do you mean by Nomination and Assignment of Insurance Policy? What are the
differences between them?
6. What is Contractual and Statutory Insurable Interest?
7. Define the term underwriting. Factors are considered during the financial underwriting
process”- Discuss! How to prepare the financial underwriting process?
8. What you think about to work in the insurance Sector? Explain it.
9. Both principles of subrogation and contribution arise from the principle of protection.
Explain with example.
10. What is Medical Underwriting? Explain the type of Medical Underwriting.
11. What is the role of insurance as an economic development?
12. Explain the process of Cancellation of agency appointment.
13. Who can be a nominee? Explain the type of nominees.
14. Insurance as a social security tool”- Discuss the different type of government social security
schemes!
15. Explain the procedure for claim and Settlement of Insurance Policy!

Q.9 Write short notes: -


a) objective of claim settlement
b) code of conduct and unfair practice
c) company profile and organisational structure
d) Importance of promotion strategies in insurance
e) Proposal form
f) Promotional strategy and market share of Insurance

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