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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Q. Why is it easier to evaluate the value of a key person with a good earnings trend?

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Q. What is the primary reason to purchase keyman insurance?

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Q. What are the common challenges faced by underwriters while assessing a keyman insurance proposal?

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Q. Which of the following is NOT a factor in qualifying a proposed insured as a key person?

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Q. What is the maximum amount of keyman insurance that can be granted to a company?

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