IC38 LIFE INSURANCE AGENT EXAM - Study Notes

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  • Financial products - Contingency products like insurance - protection against large losses that may be suffered in the event of sudden unforeseen events
  • Financial products - Wealth accumulation products - Shares and high yielding bonds or real estate
  • The challenges facing our society and our customers - Disintegration of the joint family, Multiple investment choices, Changing lifestyles, Inflation, Other contingencies and needs
  • Financial Planning Advisory Services - Cash Planning, Investment Planning, Insurance Planning, Retirement Planning, Tax Planning, Estate Planning
  • Cash planning - prepare a budget,analyse the expenses and income flows over last six months,predict future monthly income and expenses over the whole year

IC 38 Life Insurance

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