Universal life
life
Annuity
Genral category
App
100

full form of IUL

Index universal life

100

Q. what is full form of BSM?

Ans. Branch sales manger

100

Q. what is the main function of the Annuity life?

Ans. provides the retirement benefits to the insured.

100

Name the player who has the scored a century in each of his first three tests?                                                

Answer- Mohammad Azahruddin

200

what is the universal life 3 benefit

  • 1. tax advantage, 2.acces to cash value through loans, 3. investment choice,
200

universal life 3 benefit 

  

  1. tax advantage, 2.acces to cash value through loans, 3. investment choice,
200

Q. Who is the contract owner

The contract owner is the individual or entity who applies for, purchases, and owns the annuity contract. The contract owner makes the contributions and selects the annuitant and beneficiaries.

  

200

Which is the first civilisation in India?


Ans. Indus Valley or Harappan civilisation

300

full form of PAL

Programing agent lisencing

300

Q. what is the types of life insurance?

Ans.

Term life

universal life

whole life

300

what is ROTH

A ROTH is purchased with non-qualified funds, but shares the tax benefits of an annuity purchased with qualified funds.

300

What is the name of India's ambitious mission to send humans to space?

A) Vyomanaut

B) Shakti

C) Gaganyaan

D) Navika


Answer: C)

400

On which screen we find the agent details in mainframe/Pal

A1- screen

400

Q. what is three CNO Policies support the electronic governance of our corporate information.?

Ans.

  •  CNO Policy 9702: Record & Information Management
  •  CNO Policy 9703: Network (LAN) Shared Drive Usage 
  •  CNO Policy 6500: Business Communications/E-mail
400

__________________provides a lifetime income to the policyowner with a guaranteed period of benefits.

Life Income with Period Certain

400

Which Indian player is known as wall of India?



Ans. Rahul Dravid

400

what would be the state code of US policy in lifepro?


US-52


US-48

500

Q. what are the two safety nets in UL and what are there functions?

ans. 

APL IN UNIVERSAL LIFE

An Automatic Premium Loan (APL) is a feature in some life insurance policies, but it's important to note that Universal Life (UL) insurance policies typically do not include an APL provision. This is because Universal Life policies already have flexible premiums and the policy expenses are deducted from the available cash value

 

A nonforfeiture clause in Universal Life insurance ensures that if your policy lapses due to non-payment of premiums, you won't lose all the value you've built up.

  

  

500

What are the payment methods to pay premium?

Ans -

 

BANK DRAFT

 

CHEQUE

 

PAYROLL DEDUCTION FOR THE EMPLOYES

 

MONEY ORDER\

 

LIST BILL

  

500

Q. what are the qualified annuti and non qualified annuty

Ans.

Qualified Annuities

Qualified annuities are funded with PRE-TAX dollars.

Tax sheltered annuities (TSAs), also known as 403(b) annuities, are a common type of qualified annuit

  

Non-Qualified Annuities

Non-qualified annuities are funded with AFTER-TAX dollars

Contribution

has context menu 

500

 Which First Lady was not born in the US?

  

Louisa Catherine Adams, the first of America's First Ladies to be born outside of the United States,

M
e
n
u