Q. There are various methods used to calculate how much insurance cover an individual should take. In which method is the present value of future earning potential of an individual used as a yardstick to calculate how much insurance cover an individual should take?

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Q. What is the challenge that underwriters face when granting insurance to non-working women?

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Q. What approach can be adopted to arrive at the insurance cover for non-working women?

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Q. What is the recommended approach when granting small sums assured to non-working women?

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Q. What needs to be considered when granting moderate or large covers to non-working women?

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Q. What is important to understand when granting insurance to non-working women?

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Q. Why is it important to understand who the beneficiary of the insurance policy is for non-working women?

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Q. What is the potential risk when an illiterate woman with little or no earned income asks for a term plan with a high sum assured?

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Q. Why do parents apply for insurance on the lives of their children?

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Q. What is the importance of considering the health status and cover of siblings and parents while insuring the life of a child?

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Q. What is the main purpose of child insurance plans?

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Q. What is the 'waiver of premium' built-in rider in most child plans?

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Q. What is the primary reason for a company to purchase life insurance on the life of a key person?

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Q. What are the common challenges faced by the underwriters while assessing a proposal on a key person?

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Q. What are the aspects that can help in qualifying the proposed insured as a key person?

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Q. According to Indian Law, is there a clear definition of a key person?

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Q. Why is a person who is very old not a good fit as a key person?

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Q. What makes a person qualified as a key person in terms of their level of expertise?

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Q. Why is a successful track record important in qualifying a person as a key person?

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Q. What is the importance of the number of key persons in a company in confirming the criticality of a person to the company?

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