Q. What additional benefit can be included in a Term insurance policy through a rider?

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Q. When is term insurance typically provided as a stand-alone policy?

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Q. What is the main benefit of Term Life insurance as an income replacement plan?

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Q. What is the primary advantage of convertible term insurance policies?

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Q. What is the unique selling proposition (USP) of term assurance?

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Q. What is the primary characteristic of decreasing term assurance?

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Q. In which scenario is term insurance typically relevant?

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Q. What is a limitation of term insurance plans?

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Q. How do whole life insurance premiums compare to term premiums?

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Q. What is one way to use the cash value of a whole life insurance policy?

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Q. What is the primary purpose of endowment assurance?

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Q. What is a Money Back policy's primary characteristic?

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Q. What makes Money Back plans attractive for policyholders?

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Q. What is the key difference between Participating (Par) and Non-Participating (Non-Par) life insurance products?

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Q. What is the main characteristic of Non-participating (Non-Par) products?

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Q. What is the minimum death cover required for all non-linked individual life insurance products according to IRDAI regulations?

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Q. What are the two variants of life insurance products concerning death benefits?

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Q. What is the key characteristic of a "defined benefit plan" in the context of pension plans?

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Q. What does an occupational or employer pension refer to?

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Q. What is the primary purpose of an annuity in the context of retirement planning?

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