NISM 10B Investment Adviser Level 2 Notes

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  • IRDAI Regulations: Govern insurance operations, ensuring transparency and consumer protection.
  • Insurance Agent: An individual appointed by an insurer to solicit insurance business.
  • Direct Insurance Broker: Represents the client, offering products from multiple insurers.
  • Uberrimae Fidei: Legal principle requiring complete honesty in insurance contracts.
  • Law of Large Numbers: Predicts losses based on a large pool of similar risks.

NISM 10B NISM Investment Adviser Level 2

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