Name: 

Both the parties t6 'a contract must agree and understand the same thing and in the same sense which is called

According to Insurance broker association of India, what is the most appropriate relationship between insurer and broker

Reasons for surrender of the policy

Which section deals with the licencing of an agent?

During fact finding the need revealed requirement for margin money and retirement fund. Which of these assumes higher priority will be determined on the basis of

In which of the recognised life stages an indivlducl does not required any protection cover

A customer while investing in a recurring deposit or cumulative deposit what are the key factors which will matter

Prashant buys an endowment plan with a SA Rs. I lac an to make use of tax benefit under the policy for whole S. much premium would help him avail this benefit-

In a fact find, a couple discovered their need to be estate planning? In what life stage will they be in?

.Jay buys a policy on the life of Nazia. Who is Jay?

Insurance benefits

Breach of duty of utmost good faith

After maturity in a ULIP customer does not get maturity amoUntk. lump sum. What is the possibility of receiving it in instalments ifI is not  annuity plan?

Insurable interest on one's own life limited upto

a Policy holder takes a insurance contract for 30 years and the SA reduces after 25 years what could be  the likely reason

A person retiring within 3 months need return as pension. What kind of investment plan he need to choose.

The amount payable under a life Insurance policy depends on

Payment/investments in Kisan Vikas Patra under post office scheme is done

Two endowment policies A and B are issued in the same time on the quarterly mode. In both the policies 22 quarterly installments are paid. Both are surrendered immediately after paying 22nd installment. But in policy A surrender value is significantly hig

An advisor while explaining the policy and to sell he accepts to give a part of his Agents commission, what is the limits

Advisor motivate the client to surrender the existing Endowment plan and buy new Whole life policy for gaining higher commission, is the example of?

Insurance is helps to

An insurer, as a trustee, has to ensure that

Benefit illustrations given to a customer quantifies an amount by which investment return is reduced. This reduction reflect the impact of

What period of time a client has to be invested to get tax benefit under postal scheme?

What is the period of award passed to the customer decided by ombudsman?

A human being

The rates of assumed annual growth to be shared in the benefit illustration has been decided by which of the authority

Responsibility for classification and analysis of proposal form Iii with whom?

Life insurance is better than other avenues of saving in respect of

Aman has taken a term plan for 20 years In the 3rd year he suffered financial crisia due to....whibh he' was'. unable to pay premium within grace period . and died after I month. The nominee files a claim and is rejected because

Law of large number helps Insurer to analyse which key area

Mr. Feroz has taken a policy for critical illness worti. Rs. 1Ia health,policy. He.also has a term plan worth Rs 10 lac.Mr.. Fe was hospitalised after, hewas detected wthcancer. He died afl .3 dayséf treatment. How the claim will be settled?

What is the minimum age of the customer for entering the  Insurance contract?

Client died in 89th day from DOC. In which category he is not eligible for claim

To avail the income tax benefit at investment stage,V

During claim insurer deduct Rs. 10,000 in spite of having  no Lien and all due premiums are paid. What are the other reason for deducting the same?

Relation between insurer and Broker means

In case the customer has stopped making payment for U premium of the policy what are two most important thing requiri in order to reinstate the policy

In term Insurance how peril & Hazard are distinguished?

Ramesh wants to buy 15 years pension plan for retirement while calculating gaps required at the end the gratuity amount was completely ignored because  he is

What ever riding criteria an insurance, agent consider whil proposing a solution

Life insurance is better than other avenues of saving in respect of

If insured gets two advance payment in 5 yrs and in mat gets rest of sum assured what type of policy it is

Mr. Santash is head master and is 52 yrs old. He wants insuran cover for Rs. I crore. He proposes his brother's son as nomin not his wife underwriter will verify

While calculating HLV with future income, number of years work, increments in salary what is also to be taken in to accouni

E-Sales lefers to sales of insurance product through

What will be maturity benefit under health insurance plan

The best way to prove that customer of a ULIP policy is given awareness about the commission paid to the agent is

An agent is intermediary between