Q. What is the key observation regarding life insurance business from the latest data published by IRDA?

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Q. What trend is observed regarding the life cover sum assured per policy?

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Q. What is the trend in the purchase of life cover and ULIPs?

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Q. What is one of the unique features of ULIPs compared to Mutual Fund Investments?

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Q. What is the lock-in period for tax-saving Mutual Fund schemes?

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Q. What is the lock-in period for ULIPs?

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Q. What is the tax benefit regarding ULIPs?

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Q. What recent directive from IRDA aims to reflect the long-term protection function of ULIP policies?

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Q. What change has been made regarding premium paying terms for limited premium paying term ULIPs?

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Q. What requirement has been imposed on insurers regarding providing information to policyholders about charges?

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Q. What change has been made regarding additional payments in ULIPs?

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Q. What aspect of ULIPs has a cap on charges imposed from the 5th year onwards?

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Q. What action can IRDA take if discontinuance charges are found to be excessive?

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Q. How are discontinuance charges capped according to the new regulation?

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Q. What option does a policyholder have when discontinuing a policy?

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Q. What is one of the reasons why companies offer higher interest rates on their fixed deposits compared to bank fixed deposits?

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Q. What is the significance of a company's strong financial strength and goodwill in the context of fixed deposits?

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Q. What is solvency, and how does it relate to the safety of fixed deposits?

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Q. Why is due diligence important for investors considering company fixed deposits?

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Q. What distinguishes bank deposits from company deposits in terms of guarantees?

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