121.
All of the following are characteristics of variable life insurance EXCEPT:

122.
Which of the below is correct with regards to universal life insurance?
I: It allows policy owner to vary payments.
II: Policy owner can earn market based rate of return on cash value

123.
All of the following is true regarding ULIP’s EXCEPT:

124.
What does unbundling of life insurance products refers to?

125.
Which of the below risk cannot be addressed through pensions?

126.
What is the basic contingency associated with pensions?

127.
In an ordinary annuity, payments are made or received _________ of each period.

128.
The term TPA refers to _________. (Answer with regards to health insurance)

129.
Which of the below group would not be eligible for a group health insurance policy?

130.
Who cannot be covered under a family floater policy?

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