n NISM Certifications
NSM General NISM
Medium

How do participating and non-participating life insurance policies differ according to IRDAI?

Practice question from IC 38 Mock Test 13 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Minimum sum assured for death benefits

  2. B

    How policy returns are disclosed

  3. Whether they are linked to an index or benchmark

    Correct answer

  4. D

    Types of additional benefits accrued periodically

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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