Q. What is the typical characteristic of a participative annuity?

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Q. In joint life or joint survivor annuities, what happens to the payments upon the death of one or both of the annuitants?

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Q. What is the typical payment mode for annuity contracts?

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Q. What is an Immediate Annuity?

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Q. What is a characteristic of Increasing Annuity?

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Q. What is the feature of Decreasing Annuity?

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Q. What is an annuity-certain policy?

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Q. What is a Last Survivor Annuity?

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Q. What is the primary characteristic of term insurance contracts?

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Q. Which type of insurance contract allows the policyholder to pay premiums until a certain age, after which the cover continues until death without further premium payments?

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Q. What is the distinguishing feature of a decreasing annuity contract?

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Q. What type of annuity ensures payments as long as both annuitants are alive and ceases upon the death of either?

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Q. Which type of annuity allows the policyholder to choose between a lump sum payment or an immediate annuity at the vesting date?

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Q. What is the primary characteristic of a Term Assurance contract?

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Q. Which type of insurance contract offers a lump-sum payment upon the diagnosis of critical illnesses?

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Q. In a Deferred Annuity with Life Cover, what happens if the policyholder dies during the deferment period?

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Q. What distinguishes an Immediate Annuity in arrears from an Immediate Annuity due?

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Q. What is a characteristic feature of Increasing Immediate Annuity contracts?

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Q. What are riders in insurance contracts primarily designed for?

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Q. When does the option to include a rider become valid?

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