Question
a.
Fixed insurance cover, short term nature, technical jargon, and non-transparency
b.
Reasonable insurance cover, linkage to premium payment, availability of targeted sum, and simplicity
c.
Variable premiums, long term nature, technical jargon, and complexity
d.
Variable benefits, short term nature, transparency, and non-disclosure
Posted under IC 14 Regulations of Insurance Business
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Q. What are the minimum criteria expected of a ULIP product according to the circulars?
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