| 1 |
The time period of rural insurance policy is: |
- A. 15 - 20 years
- B. 10 - 15years
- C. 20 - 25years
- D. More than 25 years
|
| 2 |
If a person gets his property insured from to different company's then it is called: |
- A. Whole life insurance
- B. Double insurance
- C. Compensatory insurance
- D. None of these
|
| 3 |
The voyage policy is taken for |
- A. Specific voyage
- B. Specific centres
- C. Specific person
- D. Voyage of different countries
|
| 4 |
Kinds of fire insurance: |
- A. Voyage and time insurance
- B. Specific and floating policy
- C. Fleet and valued policy
- D. Endowment and term life policy
|
| 5 |
The person who gets himself insured is called: |
- A. Insured
- B. Proposer
- C. Insurance policy
- D. Both (a) and (b)
|
| 6 |
If a person having a property of two lakhs and insurance of fifty thousand, then in case of loss the company will pay: |
- A. 25 thousand
- B. 50 thousand
- C. 1 lakh
- D. Nothing
|
| 7 |
The objective of life insurance is to: |
- A. Make investment
- B. Lessen the financial burden
- C. Get security for loan
- D. All of above
|
| 8 |
Why is public not inclined towards insurance in Pakistan ? |
- A. Due to ignorance
- B. Due to poverty
- C. Due to economic backwardness
- D. All three
|
| 9 |
The person who gets himself insured is called |
- A. Insured
- B. Proposer
- C. Insurance policy
- D. Both a and b
|
| 10 |
The objective of life insurance is to |
- A. Make investment
- B. Lessen the financial burden
- C. Get security for loan
- D. All the above
|
