Why is, Cash in the Accumulation Account, Not Guaranteed, in Case of Variable Life Assurance Products?
A) Money is invested in Government Debt.
B) Money is invested in the Stocks, through Mutual Funds, where, there are No Guarantees.
C) Money is used for Capital Expenditure.
D) Money is used to service the Insurer's Debt.
Correct Answer:
Verified
Q14: Name the Term, used to describe "With-Profits"
Q15: Describe a Tangible Product.
A)A Tangible Product refers
Q16: Describe an In-Tangible Product.
A)An In-Tangible Product refers
Q17: You are Paying a Higher Premium towards
Q18: --- is an Example of an In-Tangible
Q19: Inter-Temporal Allocation of Resources, refers to --.
A)Postponing
Q20: From the Following Options, Identify a Non-Traditional
Q21: From the Following Options, Identify a Traditional
Q22: Describe One of the Major Innovations of
Q24: Identify a Limitation of Traditional Life Assurance
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