Insurance Associate Interview Questions and Answers

To toggle between two operations without using a mouse, press and hold the Alt key and then press the Tab key.

• Press and hold the Alt key

• While holding the Alt key, press the Tab key

• Release the Alt key to switch between the two operations

Pre-existing insurance refers to coverage for medical conditions that existed before the insurance policy was purchased.

• Pre-existing insurance provides coverage for medical conditions that were present before the insurance policy was obtained.

• It typically involves higher premiums or exclusions for pre-existing conditions.

• Examples include coverage for diabetes or heart disease that was diagnosed prior to obtaining the insurance policy.

Insurance is a financial product that provides protection against financial losses resulting from unexpected events.

• Insurance is a contract between an individual or organization and an insurance company, where the individual or organization pays a premium in exchange for financial protection.

• There are different types of insurance such as life insurance, health insurance, auto insurance, home insurance, and more.

• Insurance helps individuals and businesses manage risk by transfe...read more

Types of insurance include life, health, auto, home, and travel insurance.

• Life insurance: Provides financial protection to beneficiaries in the event of the policyholder's death.

• Health insurance: Covers medical expenses and treatments for policyholders.

• Auto insurance: Protects against financial loss in case of accidents or theft involving the insured vehicle.

• Home insurance: Provides coverage for damage or loss to a policyholder's home and belongings.

• Travel insurance: Offers p...read more

Insurance is a contract between an individual or organization and an insurance company, where the insurer provides financial protection against potential losses or damages.

• Insurance is a risk management tool that helps individuals and organizations protect themselves against unforeseen events.

• It involves the payment of premiums in exchange for coverage against specific risks.

• Insurance policies can cover various aspects such as health, property, life, auto, etc.

• The insurer agr...read more

Types of insurance include health, life, auto, home, and disability.

• Health insurance covers medical expenses

• Life insurance provides financial protection to beneficiaries

• Auto insurance covers damages and injuries in car accidents

• Home insurance protects against damage to property

• Disability insurance provides income if unable to work due to disability