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.
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LIC ADO Exam 2021 – Highlights
| Notification | LIC ADO Notification 2021 |
| Name of the organization | Life Insurance Corporation of India |
| Notification status | Yet to be released |
| Name of the post | Life Insurance Corporation of India Apprentice Development Officer (LIC ADO) |
| LIC ADO Examination date | To be released |
| Mode of examination | Online |
| Selection process | Prelims examination, Mains examination, interview and medical test |
| LIC ADO Admit card release date | Will be updated soon |
| Level of examination | National level |
| Language used | English, Hindi |
| Location | Across India |
| LIC ADO Interview date | Will be updated |
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.
- Introduce yourself
- Why did you apply for the post of LIC apprentice development officer
- What knowledge do you have regarding Insurance
- What are the roles and responsibilities of an apprentice development officer
- Where is the headquarters of Life insurance corporation of India located?
- Could you explain how to buy a policy?
- What do you know about Life insurance
- Can you explain regarding the major objectives of Life insurance corporation of India
- Explain about the different kinds of insurance companies in India
- Do you know about general insurance companies?
- Share your views regarding Life Insurance Companies
- How do you think you can benefit our company
- Why do you think we must hire you for this position
- Explain the importance of life insurance
- What do you know about insurance policies?
- Explain the term insurance and tell us about the major types of insurances
- What are mutual funds
- Which are the policies that are similar to mutual funds
- Define insurance policies and endowment policies
- What do you mean by money back policies
- What is IRDA
- Explain the functions and duties of IRDA
- What do you know about pension policies
- What is FDI
- Who is the chairman of LIC and when did LIC come into existence in India
- Who can buy insurance policies?
- Differentiate profit and nonprofit plans
- Tell us regarding your strengths and weaknesses.
- Difference between smart work and hard work
- Are you willing to work under pressure
- Tell us about keyman insurance
- Tell us about your outside interests and what motivates you for this job.
- Explain the terms annuity, surrender value and paid value?
- Can we pay a premium via insurance agents?
- Define participating and non participating policy
- How to claim a policy
- Can we replace a policy with other
- Consequences you will face when you fail to pay premium payments
- Who is called as a beneficiary
- Where do you see yourself 5 years from now
- Describe about the toughest situation you faced in life and how did you overcome the same
- Define and explain the terms insurer and insured
- Differentiate revocable and irrevocable beneficiary
- What do you mean by no claim bonus
- Define co insurance
- How can you claim a policy
- Can you claim the whole amount while cancelling a policy before free look period
- What do you know about home insurance
- Can you explain schedule of loss in home insurance
- 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.
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