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RAP Exam English Practice Demo Test 14
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RAP Exam Question and Answer Practice Demo Test English
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Question 1 of 18
1. Question
If a health rider is taken in a policy, maximum rider premium can be %age of base premium
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Question 2 of 18
2. Question
Change of nomination is not allowed in which situation
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Question 3 of 18
3. Question
In case of assignment, what key factor indicates the requirement of stamp duty
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Question 4 of 18
4. Question
In case of nomination, how does the appointee gets its appointment validated
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Question 5 of 18
5. Question
Maturity benefit is equal to Sum assured plus reversionary bonus minus ?
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Question 6 of 18
6. Question
If a policy of term 30yrs is imposed with lien, what will be the lien period
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Question 7 of 18
7. Question
Reduced target of agent will have what impact on churning
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Question 8 of 18
8. Question
In a pension policy if agent says the cost would be 120% of present value if he invests for 10 years, this is due to
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Question 9 of 18
9. Question
After clearly identifying 2 needs from fact finding, client agrees to go for one and gives the reason, what should the agent do now
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Question 10 of 18
10. Question
In a non life policy, the person who is authorised to process the mediclaim is known as
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Question 11 of 18
11. Question
Under daily hospitalisation cash benefit scheme the amount payable is increased due to what reason
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Question 12 of 18
12. Question
X and Y are married, they are planning for estate planning, which life stage do they belong to
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Question 13 of 18
13. Question
Premium amount and term is mentioned in
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Question 14 of 18
14. Question
Nikhil was in the process of closing a unit linked plan sale and the customer put a query which Nikhil does not know. What should Nikhil do?
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Question 15 of 18
15. Question
A gave an offer to B and B made changes to the same and returned it to A. It will be called
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Question 16 of 18
16. Question
If there is no agreement or settlement and the recommendation is also not acceptable to the complainant, in this case the Ombudsman will grant an award
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Question 17 of 18
17. Question
Insurance addresses the needs of people with risk of living too long by..
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Question 18 of 18
18. Question
While on sales of an Insurance plan Mr…. Had to show his license
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