Question

What were some major innovations in the life insurance industry in recent years?

a.

Fixed premium policies

b.

Market-linked policies

c.

Traditional death benefit products

d.

Low-cost insurance products

Posted under IC38 Life Insurance Agent Exam

Answer: (b).Market-linked policies Explanation:One major innovation was market-linked policies where the insured could participate in choosing and managing investment assets.

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Q. What were some major innovations in the life insurance industry in recent years?
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