This class was created by Brainscape user Kayleigh Godinho. Visit their profile to learn more about the creator.

Decks in this class (10)

Chapter 1-Life Insurance Products (Endowments)
Define new business strain both i...,
Define anti selection,
Product cycle
12  cards
Chapter 2-Life Insurance Products (Whole Life and Term Assurance))
Describe a whole life assurance c...,
Discuss the risks to an insurance...,
Describe a term assurance contract
10  cards
Chapter 3-Life Insurance Products (Annuities)
Describe in detail the core struc...,
What forms structural basis may b...,
State key risks to an insurance c...
7  cards
Chapter 4-Life Insurance Products (Structural Bases)
Describe 4 bases on which life in...,
For each of the following product...,
What are the implications of the ...
10  cards
Chapter 5-Income Protection Insurance
Discuss the customer needs met by...,
List the key features of an ip co...,
What kind of product variations a...
17  cards
Chapter 8-Asset Shares
Define asset share,
List 6 deductions that may be mad...,
Explain in words how an asset sha...
3  cards
Chapter 9-With-profits surplus distribution 1
List 3 forms in which profits can...,
List the possible constraints tha...,
Explain why the insurer and the w...
17  cards
Chapter 10-With-profits surplus distribution 2
Describe the revalorisation syste...,
State 4 advantages of revalorisat...,
State 4 disadvantages of the reva...
14  cards
Chapter 6-Critical illness insurance
Describe a critical illness insur...,
In addition to the core descripti...,
What characteristics are required...
16  cards
Chapter 7 Long-term care Insurance
Describe a long term care insuran...,
What is long term care,
Describe the optimal outcomes of ...
21  cards

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F102

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