PCIL Mock Exam 1

Completed on May 14, 2026 • 10:32 AM

78%
Your Score
Pass

Great job. You have passed this exam.

Total Questions
100
Correct Answers
78
Wrong Answers
22
Time Taken
01:24:32
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Chapter-wise Performance

ChapterTotalCorrectWrongScorePerformance
Life Insurance Basics2017385%Excellent
Insurance Regulations2015575%Good
Products & Benefits2016480%Good
Underwriting Process2014670%Average
Claims & Settlements2016480%Good

Answer Review

Question 1
Wrong

Which of the following is NOT a core principle of life insurance?

Utmost Good Faith
Indemnity
Insurable Interest
Subrogation
Correct Answer: Indemnity

Indemnity is primarily associated with general insurance, not life insurance. Life insurance is based on utmost good faith, insurable interest, and subrogation-related concepts.

Question 2
Correct

What is the minimum age for purchasing a life insurance policy?

10 years
12 years
14 years
18 years
Correct Answer: 12 years

The exact minimum age depends on the policy structure, but this mock answer is included as a placeholder for review UI states only.