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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. What is the main purpose of a mutual fund?

View solution

Q. What is the role of unit-holders in a mutual fund?

View solution

Q. What risk factors are associated with mutual fund investments?

View solution

Q. How have Indian mutual funds been organized?

View solution

Q. What is the requirement for the relationship between the fund sponsor, trustees, custodian, and Asset Management Company in a mutual fund?

View solution

Q. What are some advantages of mutual funds?

View solution

Q. What risk factor is associated with mutual funds and securities investments?

View solution