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RAP Exam Question and Answer Practice Demo Test English
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Question 1 of 18
1. Question
1 pointsIf 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
1 pointsChange of nomination is not allowed in which situation
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Question 3 of 18
3. Question
1 pointsIn case of assignment, what key factor indicates the requirement of stamp duty
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Question 4 of 18
4. Question
1 pointsIn case of nomination, how does the appointee gets its appointment validated
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Question 5 of 18
5. Question
1 pointsMaturity benefit is equal to Sum assured plus reversionary bonus minus ?
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Question 6 of 18
6. Question
1 pointsIf 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
1 pointsReduced target of agent will have what impact on churning
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Question 8 of 18
8. Question
1 pointsIn 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
1 pointsAfter 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
1 pointsIn 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
1 pointsUnder daily hospitalisation cash benefit scheme the amount payable is increased due to what reason
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Question 12 of 18
12. Question
1 pointsX 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
1 pointsPremium amount and term is mentioned in
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Question 14 of 18
14. Question
1 pointsNikhil 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
1 pointsA 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
1 pointsIf 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
1 pointsInsurance addresses the needs of people with risk of living too long by..
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Question 18 of 18
18. Question
1 pointsWhile on sales of an Insurance plan Mr…. Had to show his license
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