IRDA to cap reduction in yield on ULIPs from sixth year onwards
Policy holders of Unit Linked Insurance Plans (ULIPs), who wish to pre-maturely withdraw can now be happy as their investment will soon have some protection.
The Insurance Regulatory and Development Authority (IRDA) is planning to cap reduction in yield from the sixth year (of the policy) onwards, according to reliable sources.
Earlier, the cap was applicable only at the time of maturity. If anybody pre-surrenders their policy, the return on the investment is dependent on the discretion of the insurer.
The new norm, which will be announced shortly will in a way remove the earlier anomaly and make ULIPs more customer-friendly.
More :- IRDA to cap reduction in yield on ULIPs from sixth year onwards
Showing posts with label IRDA Exam Paper. Show all posts
Showing posts with label IRDA Exam Paper. Show all posts
Friday, June 25, 2010
Wednesday, May 12, 2010
Tips To Keep More Money in Your Pocket in a Easy Way
Tips To Keep More Money in Your Pocket
Skyrocketing gas prices have gotten a lot of media attention this year, but most consumers have surely noticed that the costs of many basic goods have also crept higher, taking a toll on their monthly budgets. The Virginia Society of CPAs offers these suggestions on the best ways to boost the cash in your pocket.
Links :- 1) Tips To Keep More Money in Your Pocket
2) How to Become LIC Agent
3) How to Become a Federal Agent
Skyrocketing gas prices have gotten a lot of media attention this year, but most consumers have surely noticed that the costs of many basic goods have also crept higher, taking a toll on their monthly budgets. The Virginia Society of CPAs offers these suggestions on the best ways to boost the cash in your pocket.
Links :- 1) Tips To Keep More Money in Your Pocket
2) How to Become LIC Agent
3) How to Become a Federal Agent
LIC Agent Exam - IRDA Agent Exam Question Paper
Insurance Institute of India conducts every year an all India based competitive exam for recruitment of Insurance agents and is known by the name of IRDA exam or Insurance Regulatory and Development Authority exam. The basic requirement to sit for the exam is that he or she must have cleared his class 12th from a recognized university or board.
IRDA exam can be given in two modes, online and offline. Candidates preferring to go for manual mode would have to submit duly filled-in exam entry form to the concerned authority. The form is also supposed to be countersigned by the sponsoring insurer. Now, if the applicant wishes for both the general as well as life branches, he or she would have to fill two separate forms.
As regards the pattern of question is concerned, theme always remains the same, as in all the questions would be related to the Insurance, loans, regulations and their general application. Moreover, you can also expect some numerical problems as well. However, they won’t be rocket science, so you do not have to worry. They would be like normal percentage, discount and loan calculation.
Sample Exam Paper
1) IRDA Agent Exam Question Paper - 1
2) IRDA Agent Exam Question Paper - 2
3) IRDA Agent Exam Question Paper - 3
IRDA exam can be given in two modes, online and offline. Candidates preferring to go for manual mode would have to submit duly filled-in exam entry form to the concerned authority. The form is also supposed to be countersigned by the sponsoring insurer. Now, if the applicant wishes for both the general as well as life branches, he or she would have to fill two separate forms.
As regards the pattern of question is concerned, theme always remains the same, as in all the questions would be related to the Insurance, loans, regulations and their general application. Moreover, you can also expect some numerical problems as well. However, they won’t be rocket science, so you do not have to worry. They would be like normal percentage, discount and loan calculation.
Sample Exam Paper
1) IRDA Agent Exam Question Paper - 1
2) IRDA Agent Exam Question Paper - 2
3) IRDA Agent Exam Question Paper - 3
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