Identify the Component, that is Not a Part of the Life Assurance Business.

Related MCQs

• Identify the Life Assurance Plan, where, the Premium is Payable throughout the Life of the Life-Assured.
• Name the Public Sector Life Assurance Company, formed as a Result of Nationalisation of Life Assurance in India.
• Mr. Ramesh is 55 Years' Old, and has 5 Working-Years, Left for Retirement. Currently, His Annual Income is Rupees 5 Lakhs, and He has purchased a Life Assurance Policy of Rupees 15 Lakhs. If He were to die Pre-Maturely, in the Current-Year, it-self, then, How Much Will His Family get from the Life Assurance Company?
• The Premium, Paid for Whole-Life Assurance, is --- than the Premium, Paid for Term Assurance.
• Mr. Suresh has purchased a Life Assurance Policy, so that, His Family-Members do not have to depend on Any-One, in Case of His Un-Timely Death. Identify the Risk-Management Technique, practiced here.
• From the Following Options, Identify a Non-Traditional Life Assurance Product.
• From the Following Options, Identify a Traditional Life Assurance Product.
• Identify a Limitation of Traditional Life Assurance Products.
• Mr. Ramesh is Married, and wants to buy a Life Assurance Cover on His Friend's Life. Find Out, if He will be Able to do so.
• Ms. Prajakta earns Rupees 2,40,000/-, Per Annum. She spends Rupees 1 Lakh, Per Annum, on Her-Self. The Market Rate-of-Interest is 7%. Calculate Ms. Prajakta's Life Assurance Amount, through the Human Life Value (H.L.V.) Method.