1. Sample PMI 1B Questions

2. The principle of community rating in Private Medical Insurance means: A the same premium level is charged for a given level of cover regardless of age, gender or past claims record B a standard level of cover must be offered regardless of age, gender or past claims record but the premiums may be varied C a guarantee of renewal of a private medical insurance policy being offered D cash transfers between insurers to neutralise different claims experience levels Sample Question

3. The principle of community rating in Private Medical Insurance means: A the same premium level is charged for a given level of cover regardless of age, gender or past claims record B a standard level of cover must be offered regardless of age, gender or past claims record but the premiums may be varied C a guarantee of renewal of a private medical insurance policy being offered D cash transfers between insurers to neutralise different claims experience levels ANSWER : A Answer

4. Medical procedures that must be covered under the terms of the Health Insurance Act 1994 by insurers providing cover for in-patient hospital services are those that are: Adesirable from the policyholder’s perspective Bconsidered necessary by the policyholder Cmedically necessary Dspecifically listed in the legislation Sample Question

5. Medical procedures that must be covered under the terms of the Health Insurance Act 1994 by insurers providing cover for in-patient hospital services are those that are: Adesirable from the policyholder’s perspective Bconsidered necessary by the policyholder Cmedically necessary Dspecifically listed in the legislation Answer: C Answer

6. Which was the first health insurer to pay commission to brokers? AVhi healthcare BVIVAS CBUPA DQUINN-healthcare Sample Question

7. Which was the first health insurer to pay commission to brokers? AVhi healthcare BVIVAS CBUPA DQUINN-healthcare Answer: B Answer

8. The primary reason that an underwriter needs to be aware of material facts is because this information enables him to: Aanalyse the frequency and severity of the risk Barrange suitable reinsurance Cestablish the most suitable policy for the proposer Drate the risk Sample Question

9. The primary reason that an underwriter needs to be aware of material facts is because this information enables him to: Aanalyse the frequency and severity of the risk Barrange suitable reinsurance Cestablish the most suitable policy for the proposer Drate the risk ANSWER : D Answer

10. George has a personal accident policy which provides a benefit of €100 per week. A 14 day excess applies. George breaks his leg and cannot work for 5 weeks. How much, if anything can he claim? ANil B€200 C€300 D€500 Sample Question

11. George has a personal accident policy which provides a benefit of €100 per week. A 14 day excess applies. George breaks his leg and cannot work for 5 weeks. How much, if anything can he claim? ANil B€200 C€300 D€500 ANSWER : C Answer

12. There are standard compulsory excesses under a comprehensive private motor insurance policy. What determines the level of the excess? AThe type of vehicle BThe age and experience of the driver CThe area of use DThe use to which the vehicle is put Sample Question

13. There are standard compulsory excesses under a comprehensive private motor insurance policy. What determines the level of the excess? AThe type of vehicle BThe age and experience of the driver CThe area of use DThe use to which the vehicle is put ANSWER : B Answer

14. Which part of an insurance policy incorporates the proposal form into the policy? AStandard conditions BOperative clause CPolicy schedule DRecital clause Sample Question

15. Which part of an insurance policy incorporates the proposal form into the policy? AStandard conditions BOperative clause CPolicy schedule DRecital clause ANSWER : D Answer

16. What is the situation regarding the charge made by public hospitals for private facilities? AEach hospital is free to fix its own rates BPricing agreements are in place with insurers for these facilities on an all-inclusive daily rate basis CPricing agreements are in place with insurers for these facilities on the basis of separate charges for each element of care DThe government specifies the daily rate Sample Question

17. What is the situation regarding the charge made by public hospitals for private facilities? AEach hospital is free to fix its own rates BPricing agreements are in place with insurers for these facilities on an all-inclusive daily rate basis CPricing agreements are in place with insurers for these facilities on the basis of separate charges for each element of care DThe government specifies the daily rate Answer: D Answer

18. The purpose of the Data Protection Act 1988 is to protect: Acomputer software developers from software pirates and hackers Bcomputer systems manufacturers against misuse of their products by third parties Cindividuals on whom data is held Dpublic companies which hold data concerning clients Sample Question

19. The purpose of the Data Protection Act 1988 is to protect: Acomputer software developers from software pirates and hackers Bcomputer systems manufacturers against misuse of their products by third parties Cindividuals on whom data is held Dpublic companies which hold data concerning clients ANSWER : C Answer

20. The Equal Status Act 2000 permits differential treatment of individuals in which of the following circumstances? AWhere the issue involved is one of marital status BWhere statistical data justifies it CWhere differential treatment is not intended to cause offence DWhere the issue involved is one of religion Sample Question

21. The Equal Status Act 2000 permits differential treatment of individuals in which of the following circumstances? AWhere the issue involved is one of marital status BWhere statistical data justifies it CWhere differential treatment is not intended to cause offence DWhere the issue involved is one of religion Answer: B Answer