Professional Documents
Culture Documents
Short Notes
Short Notes
Short Notes
1. 200/-
2. Falling off horse
3. Prof. Hubener
4. Air
5. Lloyds
6. Bribe
7. Consideration = Premium
8. Subsidy
9. Intangible = Insurance
KEY NOTES
If Accepts Contract
Will start
FPR (First Premium receipt)
Policy document
Decision – Accept
Accept with extra premium
Accept with extra condition
23. Products
Pure Term Pure Endowment Anticipated Endowment Unit Linked Insurance Plan
Pure Term – Death Benefit Only ; No maturity, Low premium with High HLV
Options – Increasing Term
o SA- Increase by every year
o Premium – Same
Decreasing term
SA- Decrease by every year
Premium – Same
TROP – Term with Return of Premium
Death Benefit – SA
Maturity benefit – Premiums paid
Whole life Insurance – Life cover till Life end( May be up to 99yr)
Exam Instructions
Reach Exam center before half an hour
Bring your hall ticket, ID proof, and Pen for writing purpose
Exam Duration – 1hour
Required Pass mark – 17 out of 50 ( 35%)
Exam Tips
Select ‘ C’ for all questions without reading questions in 10 mins
Change to correct answer
Select “ Word Matching”
Select “ Meaning Matching”
Select “ Lengthy Statements”
Select” All the above”
Don’t select “ None of the above”