NISM Certifications · NISM-Series-X-B: Investment Adviser (Level 2) · Non-Life Insurance Products
Which of the following is a standard exclusion under most Indian travel insurance policies?
Injury from war or war-like operations is a standard exclusion in Indian travel insurance. Core benefits such as overseas medical emergencies, loss of checked baggage and loss of passport are typically covered, whereas war risks are excluded.
- ALoss of checked-in baggage
- BMedical emergency during the trip abroad
- CLoss of passport
- DInjury arising from participation in war or war-like operationsCorrect
Explanation
War and war-like operations are a standard exclusion. Medical emergencies, baggage loss and passport loss are typical covered benefits in travel policies.
Did you get it right without looking?
One question tells you little. A timed set on Non-Life Insurance Products shows your real accuracy, how long you take and where you lose marks.
More Non-Life Insurance Products questions
- Mr. Rajesh Iyer insures his factory stock worth Rs 80 lakh for only Rs 50 lakh under a fire policy containing the average clause. A fire cau…
- Rohit's warehouse stock worth Rs 10,00,000 is insured for Rs 6,00,000 under a fire policy with an average clause. A fire causes a loss of Rs…
- Under a standard motor insurance package policy in India, which of the following is covered by the 'Own Damage' section rather than the 'Thi…
- Ms. Iyer, 35, buys an individual health policy with a sum insured of Rs 10 lakh and a 2-year waiting period for pre-existing diseases. In th…
- Ms. Kavita Rao, 34, buys a health policy with a sum insured of Rs 5 lakh. After she makes no claim in the first year, the insurer adds a 50%…
- Which of the following is a feature of a Personal Accident policy that distinguishes it from a health indemnity policy?