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Types of Insurance Skills Test
Test duration:
30
min
No. of questions:
10
Level of experience:
Entry Level/Mid

Types of Insurance Skills Test

Our assessment helps you assess an individuals' aptitude and skills to identify top talent for various positions, including Insurance Actuaries, Insurance Agents, Insurance Risk Managers and more. It can also reduce technical screening time by up to 80% and identify skill gap.

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What are Types of Insurance?

Various types of insurance policies, such as life, travel, health, medical, and property insurance, provide coverage against financial loss arising from the loss of the insured asset. Knowledge about these insurance helps insurance agents recommend the best insurance policies to existing and new customers based on their financial requirements.

‍Why use iMocha's Types of Insurance skills test?‍

iMocha's tests are simple to administer and easy to answer, leading to a 40% higher hiring and upskilling efficiency. All applicants are given a fair, equal opportunity to exhibit their skills across topics related to various types on insurances using our EEOC-compliant, performance-based, data-driven ranking system. You also get to leverage our AI-powered cheating prevention mechanisms like video and image proctoring to prevent malpractices and determine an individual's knowledge and skill gaps accurately.

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How it works

Test Summary

This Skills assessment helps screen individuals who possess the following traits:

  • Ability to convince or persuade clients to purchase an insurance policy.
  • Solid communication skills to explain difficult concepts in an easy-to-understand way and build rapport & trust with clients, resulting in more sales.
  • Excellent time management skills to prioritize tasks, provide exceptional client service, and reduce burnout.
  • Good Negotiation skills to negotiate on behalf of customers to secure better rates and coverage from insurance companies.
  • Strong mathematical skills to calculate insurance coverage and ability to look at numbers from various perspectives.
  • Ability to research different insurance plans and understand the advantages and features of each plan.
Useful for hiring
  • Insurance Actuary
  • Insurance Underwriter
  • Insurance Claims Adjuster
  • Insurance Agent/Broker
  • Insurance Risk Manager
Test Duration
30
min
No. of Questions
10
Level of Expertise
Entry Level/Mid
Topics Covered
Shuffle

Health Insurance

Our test assesses an individual’s knowledge of various health insurance plans that cover the expenses incurred due to the treatment of critical illness.

Life Insurance

This assessment tests an individual’s knowledge of various life insurance plans that provide coverage against untoward incidents like disability or death of the policyholder.
Shuffle

Medical Insurance

Test individual’s knowledge of various medical insurance plans, which covers an insured individual's surgical and medical expenses.
Shuffle

Additional Living Expenses cover

Test an individual’s knowledge of additional living expenses cover, which offers coverage for additional expenses if you’re living elsewhere temporarily due to home repairs.
Shuffle

Travel Insurance

This test helps recruiters and L&D managers check an individual’s knowledge of travel insurance plans that provide financial protection for any loss incurred while traveling.
Shuffle

Property Insurance

This test assesses an individual’s knowledge of different property insurance plans that offer protection against various property risks such as theft, fire, or weather damage.
Sample Question
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Question:

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You can customize this test by

Setting the difficulty level of the test

Choose easy, medium, or tricky questions from our skill libraries to assess candidates of different experience levels.

Combining multiple skills into one test

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questions to the test

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FAQ
How is this Skill test customized?
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You have the flexibility to choose the type of questions to include based on the role you're hiring or upskilling for. The test is customizable to assess individuals for job-specific skills such as managing resources, prioritizing tasks, managing customer relationships, handling change, and the sales process. Our SMEs can also set the difficulty level of the test according to the expertise and skill set of the candidate or employee.

What are the most common interview questions related to Types of Insurance?
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Some of the common interview questions asked for Types of Insurance-related roles are:

  • What are the different types of insurance coverage?
  • Define ‘insurer’ and ‘insured.’
  • What is meant by a deductible?
  • What do you mean by 'beneficiary?'
  • Explain no-claim bonus.
  • Difference between Medicare and Medicaid.
  • What is meant by property & casualty business insurance?
  • What is travel insurance?
What are the required skillsets to work on Types of Insurance?
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You can consider these hard and soft skills while hiring Insurance Agents:

Hard Skills:

  • In-depth knowledge of insurance policies
  • Microsoft Suite

Soft Skills:

  • Problem-Solving Skills
  • Analytical Skills
  • Communication Skills
  • Time Management
  • Negotiation
  • Persuasion
  • Multitasking
  • Customer Service
  • Research Skills