Q. How can profitability of a life insurance product be broken down at a general level?

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Q. What aspect of profitability in insurance products is primarily related to investment income?

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Q. In unit-linked insurance products, what is the most critical influence on profitability?

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Q. What is the primary purpose of the 'File and use' system in insurance regulations?

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Q. What is included in the file and use document filed with the regulator?

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Q. How does the extent of regulation impact insurance companies' freedom to innovate?

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Q. What is the typical process under the 'File and use' system before introducing a new insurance product?

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Q. What is the purpose of profit testing in insurance product design?

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Q. What is included in a benefit illustration document in insurance?

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Q. What does the specimen policy contract provide to insurers?

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Q. What is the purpose of enclosing a specimen proposal form while filing a proposal for a new insurance product?

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Q. What are the main purposes of the 'File and Use' system in insurance regulation?

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Q. What distinguishes the 'Use and File' system from the 'File and Use' system?

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Q. What role does the regulator play in the 'Use and File' system?

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Q. What distinguishes the 'Free' system from other regulatory systems?

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Q. What is the underlying philosophy behind the 'Free' system?

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Q. What is the purpose of the minimum death benefit provision in Indian insurance regulations?

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Q. How do Indian insurance regulations impact the policy term and premium paying term of insurance products?

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Q. What is the purpose of regulating commissions or remuneration in Indian insurance regulations?

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Q. How are surrender values calculated according to Indian insurance regulations?

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