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Advanced Wealth Management Course (IIBF) - Paper 4

Part I: Ch 7: General Insurance

Q1.

Which group mainly covers the fidelity guarantee insurance?

Insurance of property

Insurance of liability

Insurance of interest

Insurance of persons

Q2.

(I) Indian general insurers operate in more than 30 countries through agencies, branches and subsidiaries. (II) Insurance helps protect capital employed in industry and economic activity.

Both the statements are correct

Only statement (I) is correct

Only statement (II) is correct

Both the statements are wrong

Q3.

Product liability and professional indemnities etc. fall in ____________ group.

Special risks

Insurance of interest

Insurance of persons

Insurance of liability

Q4.

Which general insurance cover personal accident, sickness, public liability, fidelity etc?