Question
a.
To provide healthcare benefits
b.
To beat mortality rates
c.
To make investment gains
d.
To offer fixed premium amounts
Posted under IC38 Life Insurance Agent Exam
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. Why were policies with direct linkage to the capital market designed?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is one of the advantages of non-traditional policies?
View solution
Q. Which among the following is a non-traditional life insurance product?
View solution
Q. What are the key features of Universal Life policies?
View solution
Q. Which of the following is an example of a non-traditional life insurance product?
View solution
Q. What is the distinguishing feature of Variable Life insurance?
View solution
Q. Why were Universal Life and Variable Life policies discontinued in India?What makes Universal Life and Variable Life insurance policies non-traditional?
View solution
Q. Why were Universal Life and Variable Life policies discontinued in India?
View solution
Q. What are Unit Linked Plans (ULIPs)?
View solution
Q. How are the premiums paid by policyholders in Unit Linked Insurance divided?
View solution
Q. What determines the benefits under Unit Linked Insurance contracts?
View solution
Q. How do Unit Linked contracts differ from traditional savings policies?
View solution
Q. How have Unit Linked policies been positioned in many markets?
View solution
Q. How is the value of units typically defined in Unit Linked Insurance?
View solution
Q. What does the Net Asset Value (NAV) formula represent in Unit Linked Insurance?
View solution
Q. How do Unit Linked policies differ from traditional insurance policies in terms of policyholder benefits?
View solution
Q. In Unit Linked Insurance, what can policyholders choose between?
View solution
Q. Which fund primarily invests in equity and equity-related instruments?
View solution
Q. How is the value of units in Unit Linked Insurance typically defined?
View solution
Q. What does the Net Asset Value (NAV) in Unit Linked Insurance reflect?
View solution
Q. Why do policyholder benefits in Unit Linked Insurance not depend on the assumptions of the life insurance company?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC38 Life Insurance Agent Exam? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!