Assurance Intl Limited Senior International Sales Manager Interview Questions and Answers

MWPA stands for Married Women's Property Act.

• MWPA is a legal act that grants certain property rights to married women.

• It was enacted to protect the property rights of married women.

• Under MWPA, a married woman can hold, control, and dispose of her property independently.

• It ensures that a married woman's property is not automatically transferred to her husband upon marriage.

• MWPA also provides safeguards against fraudulen...read more

Seeking new challenges and opportunities for growth

• Desire for career advancement

• Looking for a new challenge

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a new area

Insurable interest refers to the financial or pecuniary interest that a person has in the subject matter of an insurance policy.

• Insurable interest is the stake or financial interest that a person has in the insured property or person.

• It is necessary for a valid insurance contract as it ensures that the policyholder will suffer a financial loss if the insured event occurs.

• Examples of insurable interest include owning a ...read more

ULIP charges refer to the fees and expenses associated with investing in a Unit Linked Insurance Plan.

• ULIP charges include premium allocation charges, policy administration charges, fund management charges, mortality charges, and surrender charges.

• Premium allocation charges are deducted from the premium paid by the policyholder and are used to cover initial expenses.

• Policy administration charges are levied for the main...read more

I will prove myself as an investment adviser through my track record of successful investment strategies, in-depth knowledge of financial markets, and ability to build strong client relationships.

• Demonstrate a history of successful investment recommendations and portfolio management

• Showcase expertise in analyzing financial markets and identifying profitable opportunities

• Highlight strong communication and relationship-b...read more

Net yield is the actual return on investment after all expenses have been deducted.

• Net yield is calculated by subtracting all expenses from the total revenue generated by an investment.

• It takes into account all costs associated with the investment, including taxes, maintenance, and management fees.

• Net yield is a more accurate measure of an investment's profitability than gross yield, which only takes into account the r...read more

IRDA stands for Insurance Regulatory and Development Authority. It is a regulatory body for the insurance sector in India.

• IRDA regulates and supervises the insurance industry in India

• It issues licenses to insurance companies and agents

• It protects the interests of policyholders

• IRDA also promotes the development of the insurance industry in India

• It sets guidelines and regulations for insurance products and services