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.?

Went up
Went down
Remain Fixed
Fluctuate

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 4

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

5 views Answered 2022-09-01 13:21

Related Questions

Nikhil is looking for tax-efficient savings methods for his disposable income. He is considering an equity-linked savings scheme, national savings certificates and an endowment insurance policy. Premiums for which of these investments are allowed to be deducted from his taxable income?

1 Answers 6 Views

As per IRDA norms, which of the following non-traditional saving life insurance products are permitted in IndiaI. Unit Linked Insurance PlanII. Variable Insurance Plan?

1 Answers 5 Views

Ajay pays insurance premium for his employees. Which of the following insurance premiums will not be treated deductible as compensation paid to an employeeI. Health insurance with benefits payable to an employeeII. Keyman life insurance with benefits payable to Ajay?

1 Answers 5 Views

Which of the following statements are falseI. Policy decisions in an insurance organization mean decisions relating to issue of specific insurance policies.II. Policy decisions in an insurance organization mean decisions relating to different kind of plans of insurance to be offered to the public.?

1 Answers 4 Views

Which of the below is correct with regards to universal life insuranceI: It allows policy owner to vary payments.II: Policy owner can earn market based rate of return on cash value?

1 Answers 5 Views

Given below is a list of document to be submitted for a normal death claim by all beneficiaries in the event of death of life insured. Pick the odd one out which is additionally required to be submitted only in case of death by accident.?

1 Answers 6 Views

Which of the following is untrue A. Insurance promotes efficient use of existing resourcesB. Insurance contributes to healthy economy and national productivityC. Insurance policy can be used as a collateral security?

1 Answers 7 Views

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

1 Answers 6 Views

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

1 Answers 4 Views

_________, who represents the interests of the insured in searching for insurance coverage at the lowest cost and highest benefit to the insured.?

1 Answers 6 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)