Q. What provision do the regulations make for a tie-up between a life insurer and a non-life insurer in offering micro-insurance products?

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Q. How often can group insurance products be renewable?

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Q. What is the minimum number of members required for a group to be eligible for group insurance?

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Q. What does ULIP stand for and what does it combine?

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Q. What are the triple benefits that a ULIP offers to investors?

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Q. How are the investment risks in ULIPs different from traditional insurance plans?

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Q. How are ULIPs similar to mutual funds in terms of investment operations?

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Q. What are the two major components of the premium on a ULIP?

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Q. What was the debate in 2010 regarding the regulation of ULIPs, and who were the two regulators involved?

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Q. What was the main issue in the dispute between SEBI and IRDA regarding ULIPs?

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Q. What was the role of the government in resolving the dispute between SEBI and IRDA regarding ULIPs?

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Q. What were the significant changes introduced by IRDA after the government intervention in 2010?

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Q. What does a Unit represent in a Unit Linked Insurance Policy (ULIP)?

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Q. What is the primary factor determining the returns from a Unit Linked Insurance Plan (ULIP)?

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Q. What option does a policyholder have regarding investment in ULIP funds?

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Q. What does the term "redirection" refer to in the context of ULIPs?

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Q. What types of funds are typically offered under ULIP schemes by insurance companies?

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Q. Which regulatory authority governs ULIPs?

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Q. What is the revised lock-in period for all Unit Linked Products according to the IRDA guidelines effective from September 2010?

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Q. How are overall charges distributed in ULIPs during the lock-in period, according to the IRDA guidelines?

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