Insurance & Risk Management
September 2021 Examination
- Considering the current pandemic situation across the globe, write a brief note to Head – HR of IT Company on why they have to allow you as an insurance advisor to ensure maximum financial security to the company’s employees. (10 Marks)
Ans 1.
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- Jayprakash was informed by one of his friends that home insurance comes with a unique feature of paying another party’s medical expenses. Do you also agree with this? As an insurance consultant, can you share the various products available under home insurance and break the myth. (10 Marks)
Ans 2.
- M/s Secure Oil Industries Pvt. Ltd. Is it one of the leading groundnut oil manufacturing companies? The company has four big manufacturing plants – 2 in Maharashtra, 1 in Punjab, and 1 in Kerla. The company has total employee strength of around 1500 manufacturing workers and 250 management staff. The company’s CEO called you up to understand how he can protect his company from various hazards. He is expecting you to provide him a solution for:
- Financial protection against any unforeseen event in factory premises. (5 Marks)
Ans 3a.
- Any cost arises due to damages and how they are protected. (5 Marks) –
Ans 3b.