LIC ADO Interview Questions 2021

The Life Insurance Corporation Of India is all set to release the notification for the post of Apprentice development officer Exam 2021. The selection process for recruiting candidates to the post of apprentice development officer varies category wise. The different stages involved in the LIC ADO Selection Process 2021 are the online test that involves the prelims and mains examination, the interview process and finally the document verification round and the medical test. Although there are slight differences in the initial round for various categories the interview round will be the same for all the categories. Let us discuss the LIC ADO Interview questions 2021 in this article. 

Although the selection process of recruiting candidates to the post of LIC ADO officer consists of various stages, the marks scored by the candidates for the Life Insurance Corporation Of India Apprentice development officer Prelims and Mains exam 2021 is only for shortlisting the candidates to this post. The final merit list will be mainly based on the performance of the candidate in the interview round. 

Read the complete article to know more about LIC ADO Interview 2021 and also the LIC ADO Important interview questions.

Click here for latest and updated LIC ADO Mock tests!

LIC ADO Exam 2021 – Highlights

LIC ADO Interview Questions 2021

The LIC ADO Interview round is one among the most important and deciding rounds of the LIC ADO exam 2021. The final merit list published by the Life Insurance Corporation of India for the post of Apprentice development officer 2021 is majorly dependent on the performance of the candidate in the interview round of the LIC ADO exam. Let us see some among the LIC ADO important interview questions that will be asked and LIC ADO interview 2021. 

1. Introduce yourself
2. Why did you apply for the post of LIC apprentice development officer
3. What knowledge do you have regarding Insurance 
4. What are the roles and responsibilities of an apprentice development officer
5. Where is the headquarters of Life insurance corporation of India located?
6. Could you explain how to buy a policy?
7. What do you know about Life insurance
8. Can you explain regarding the major objectives of Life insurance corporation of India
9. Explain about the different kinds of insurance companies in India
10. Do you know about general insurance companies?
11. Share your views regarding Life Insurance Companies
12. How do you think you can benefit our company
13. Why do you think we must hire you for this position 
14. Explain the importance of life insurance
15. What do you know about insurance policies?
16. Explain the term insurance and tell us about the major types of insurances
17. What are mutual funds
18. Which are the policies that are similar to mutual funds
19. Define insurance policies and endowment policies
20. What do you mean by money back policies
21. What is IRDA
22. Explain the functions and duties of IRDA
23. What do you know about pension policies
24. What is FDI
25. Who is the chairman of LIC and when did LIC come into existence in India 
26. Who can buy insurance policies?
27. Differentiate profit and nonprofit plans
28. Tell us regarding your strengths and weaknesses.
29. Difference between smart work and hard work
30. Are you willing to work under pressure
31. Tell us about keyman insurance
32. Tell us about your outside interests and what motivates you for this job. 
33. Explain the terms annuity, surrender value and paid value?
34. Can we pay a premium via insurance agents?
35. Define participating and non participating policy
36. How to claim a policy
37. Can we replace a policy with other
38. Consequences you will face when you fail to pay premium payments
39. Who is called as a beneficiary
40. Where do you see yourself 5 years from now
41. Describe about the toughest situation you faced in life and how did you overcome the same 
42. Define and explain the terms insurer and insured 
43. Differentiate revocable and irrevocable beneficiary
44. What do you mean by no claim bonus
45. Define co insurance
46. How can you claim a policy
47. Can you claim the whole amount while cancelling a policy before free look period
48. What do you know about home insurance 
49. Can you explain schedule of loss in home insurance
50. Define gap insurance 

Candidates can prepare well for the above mentioned questions. Technical questions will be asked from the syllabus topics also. So candidate can gear up themselves well for some personal and technical insurance related questions while preparing for LIC ADO interview 2021.

We hope you found this article regarding LIC ADO Interview questions 2021 useful. Subscribe to entri for more government job updates. Download entri app and start preparing for government competitive exams both in regional and bilingual languages. Attempt numerous GK and current affairs modules. Grow with us and secure a government job easily. Walk a step closer towards your dream job with entri by your side. Make your dream about a safe future a reality. All the best for all your upcoming exams. Regards Entri!