Q. Can the sum assured be changed during the period of the contract?

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Q. What occupations might insurers restrict coverage for?

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Q. Under what circumstances is the sum assured payable in the provision of benefits?

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Q. Who is typically entitled to receive the benefits as the beneficiary?

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Q. What happens if premiums are not paid within the specified due date?

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Q. What remedy might an insurer provide for the suppression of information in the original application?

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Q. What recourse does an insurer have if the age of the insured is found to be understated or overstated?

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Q. What recourse is available if the original policy is lost due to fire, theft, or any reason?

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Q. How are consumer grievances typically addressed by insurers?

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Q. What does the assignment facility allow a policyholder to do?

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Q. Why is it important for product design to use simple language in describing terms?

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Q. What should be avoided in insurance product design according to general observations?

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Q. Why should complex design be avoided in insurance products?

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Q. What is the importance of using good-quality paper for insurance contracts?

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Q. Why should definitions in insurance contracts be understandable by users?

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Q. What is the purpose of arranging clauses and endorsements in an orderly manner?

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Q. What drives the business of insurance, similar to other types of businesses?

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Q. What is one important variable affecting profitability in insurance?

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Q. How does the effectiveness of advertising for insurance products typically measured?

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Q. What role does the distribution network play in selling insurance products?

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