Preview Questions Insurance Advisor | Role Specific Skill

Question 1: How does the client's occupation influence the recommendation of a life insurance policy?

Which action should you take?

Choose only one option

Occupation influences the length of coverage only

The occupation determines whether the policy is whole life or term life

The client's occupation has no effect on the policy recommendation

High-risk occupations may require specialized coverage with higher premiums

Question 2: Family floater health insurance policies are typically used for which scenario?

Which action should you take?

Choose only one option

When a policyholder wants a combination of life and health coverage

When one individual needs comprehensive health coverage

When only accidental coverage is needed for a family

When multiple family members need coverage under a single policy

Question 3: When recommending long-term care insurance, which feature should be prioritized for a client concerned about potential future medical expenses?

Which action should you take?

Choose only one option

Nursing home coverage and asset protection

Daily benefit amount and inflation protection

Elimination period and policy exclusions

Benefit duration and underwriting flexibility

Question 4: During the closing phase, what is the most effective strategy to handle a client who is hesitant to make a decision?

Which action should you take?

Choose only one option

Give them more time to think without any follow-up

Present multiple lower-cost options

Offer a last-minute discount

Reinforce the value and benefits they would gain from the policy

Question 5: What type of insurance is most commonly used to provide financial protection against medical expenses in the event of an accident?

Which action should you take?

Choose only one option

Life Insurance

Accident Insurance

Health Insurance

Disability Insurance

Question 6: What are the key requirements for insurance advisors when selling insurance to a minor in India?

Which action should you take?

Choose only one option

Obtain consent from the minor's guardian and follow IRDAI guidelines

Provide a life cover policy only

Provide the minor with the policy document

Not allowed to sell policies to minors under any circumstances