Q. Which of the following is NOT considered when handling expenses for group insurance?

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Q. How might expenses be expressed in group insurance?

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Q. In what way do expense loadings typically vary with group size?

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Q. What might a new insurance company do with a large part of its expenses?

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Q. What is one of the challenges in projecting group business growth for new insurance companies?

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Q. How are commissions typically structured in insurance?

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Q. What is the overriding principle regarding commission rates in insurance?

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Q. How is stamp duty accounted for in insurance plans?

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Q. What is the purpose of the risk and profit load in insurance premium calculations?

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Q. What factors influence the required return in insurance?

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Q. Why are group life insurance rates on an annual renewable basis usually not guaranteed for more than a single year?

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Q. What is the purpose of retrospective experience rating or profit sharing in group insurance?

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Q. What does prospective experience rating in group insurance involve?

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Q. What does retrospective experience rating in group insurance involve?

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Q. What is one reason why participating group insurance is attractive to both the insured group and the insurer?

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Q. How does longer review periods benefit group insurance?

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Q. What advantage do with-profit plans in group insurance have over without-profit plans?

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Q. According to the guidelines issued by IRDA of India, what is the minimum number of life years required under a Group Master Policy for considering profit sharing?

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Q. How often is profit sharing allowed according to IRDA guidelines?

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Q. What is the maximum percentage of profit sharing allowed if the number of life years for a scheme is less than one lac?

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