Q. What is the primary issue with the transparency of cash and surrender values in traditional life insurance products?

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Q. What are some areas of concern regarding traditional life insurance products?

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Q. What are some features of non-traditional life insurance policies?

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Q. Which feature allows customers to have more control over their non-traditional life insurance policies?

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Q. Why were policies with direct linkage to the capital market designed?

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Q. What is one of the advantages of non-traditional policies?

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Q. Which among the following is a non-traditional life insurance product?

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Q. What are the key features of Universal Life policies?

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Q. Which of the following is an example of a non-traditional life insurance product?

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Q. What is the distinguishing feature of Variable Life insurance?

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Q. Why were Universal Life and Variable Life policies discontinued in India?What makes Universal Life and Variable Life insurance policies non-traditional?

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Q. Why were Universal Life and Variable Life policies discontinued in India?

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Q. What are Unit Linked Plans (ULIPs)?

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Q. How are the premiums paid by policyholders in Unit Linked Insurance divided?

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Q. What determines the benefits under Unit Linked Insurance contracts?

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Q. How do Unit Linked contracts differ from traditional savings policies?

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Q. How have Unit Linked policies been positioned in many markets?

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Q. How is the value of units typically defined in Unit Linked Insurance?

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Q. What does the Net Asset Value (NAV) formula represent in Unit Linked Insurance?

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Q. How do Unit Linked policies differ from traditional insurance policies in terms of policyholder benefits?

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