Question
a.
Traditional insurance policies
b.
Investment vehicles without insurance components
c.
Policies that overcome the limitations of traditional plans
d.
Premiums that are invested into funds separately
Posted under IC38 Life Insurance Agent Exam
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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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Q. In Unit Linked Insurance, what can policyholders choose between?
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Q. Which fund primarily invests in equity and equity-related instruments?
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Q. How is the value of units in Unit Linked Insurance typically defined?
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Q. What does the Net Asset Value (NAV) in Unit Linked Insurance reflect?
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Q. Why do policyholder benefits in Unit Linked Insurance not depend on the assumptions of the life insurance company?
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Q. What do Unit Linked policies allow policyholders to choose between?
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Q. Which type of fund primarily invests in equity and equity-related instruments?
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Q. What is the primary determinant of benefits under Unit Linked Insurance policies?
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Q. What is the significance of unit creation in Unit Linked Insurance?
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Q. How does Unit Linked Insurance ensure a transparent structure?
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Q. What is the key difference in the pricing of initial costs between traditional policies and Unit Linked Insurance?
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Q. What is the key difference in the pricing of initial costs between traditional policies and Unit Linked Insurance?How is the death benefit calculated in Unit Linked Insurance?
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Q. Who bears the investment risk in Unit Linked Insurance?
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