Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Term Insurance

Term Insurance

Ratings: (0)|Views: 6 |Likes:
Published by VIVEK JAISWAL

More info:

Published by: VIVEK JAISWAL on May 06, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

05/06/2012

pdf

text

original

 
Term Insurance
 
Features
Furnishes protection for a limited no. of years
Terminates with no maturity value
Payable only if death occurred in specified period
Comparable to General Insurance policies
Initial premium rates are lower than other life products
Premium may escalate rapidly, as the duration of policy lengthens
 
Features…
 
Comparable on the basis of price unlikeother life products
Price sensitive
Lapse rates are generally higher than lapse rates of other policies
Adverse selection problem
Renewability
Call option
For additional limited no of years
Stipulated max age
Known as - Increasing premium and level benefit term insurance

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->