Licentiate Examination - IC 14 - Regulation of Insurance Business Exam - Important Points
Page 18 Of 55
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Micro-insurance is a very useful tool in times of eventualities.
The minimum policy term for ULIP products is 5 years.
Riders attached to a life insurance policy should bear the nature and character of the main policy.
Money laundering is the act of changing the appearance of money that comes from illegitimate sources so that it appears to be legitimate money.
The progress of money laundering can broadly be classified into three stages viz. placement, layering and integration.
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IC 14 - Regulation of Insurance Business
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