NISM 10B Investment Adviser Level 2 Notes
Page 18 Of 180
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Guaranteed Period Annuity: Pays for a fixed period regardless of survival.
Return of Purchase Price: Annuity option returning premium on death.
IRDAI Surrender Regulations: Ensure fair surrender values for policyholders.
Tax Benefits: Premiums and benefits may qualify for tax deductions.
Policy Portability: Allows switching insurers for certain policies.
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