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Insurance
practice.

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Universal life policies are kept in force even if premiums are not paid, provided its cash value was sufficient to pay for the following items:-

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Universal Life plans provide for which of the following facility?

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Universal life insurance policy provides for partial withdrawals. This partial withdrawal was made from the policy’s _________

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In respect of Universal life insurance, which of the following statement is correct:-

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As per IRDA, which of the following non-traditional products are permitted to be sold?

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Variable Life Insurance is a kind of _________ Insurance.

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In Variable life insurance, the death benefit and cash value of the policy _________ according to the investment performance of a special investment account into which premiums are credited.

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Under Variable life insurance, if the cash value became zero, the policy would _________

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In traditional cash value policies, the policy reserve form part of a _________

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In Variable insurance policies, the policy reserve form part of a _________

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In Variable insurance plan, the policy reserves are placed in _________ fund which do not form part of its general investment account.

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In which type of policy, death benefits and cash value varied with investment experience?

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In respect of Traditional plans, which of the following statement is correct?

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In Unit Linked policies, the benefits are determined by the _________ of units credited to the policyholder’s account on the date on which payment is due.

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Units in a Unit Linked policy are purchased through payment of a

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Name the deductions made from policyholder of a Unit Linked policy.

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The value of the units of a Unit Linked policy is termed as :

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What could be the basis for choice of fund in a Unit Linked policy?

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With regard to Unit Linked policy, who bears the expense and mortality risk?

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In Unit Linked policies, the risk cover is a multiple of _________

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