Star Union Dai-ichi Life Insurance Relationship Manager Interview Questions, Process, and Tips

Participating plans allow policyholders to receive dividends while non-participating plans do not.

• Participating plans are typically more expensive than non-participating plans.

• Dividends are paid out to policyholders based on the performance of the insurance company.

• Non-participating plans are more common in term life insurance policies.

• Participating plans are more common in whole life insurance policies.

• Participating p...read more

MWP Act stands for Married Women's Property Act.

• MWP Act was enacted in 1874 in India.

• It allowed women to own and inherit property independently of their husbands.

• It was a significant step towards women's empowerment and property rights.

• The act was amended in 1923 to give women more rights over their property.

• It is still in force today and has been amended several times to keep up with changing times.

The full form of NAV is Net Asset Value.

• NAV is a financial term used to describe the value of an investment fund's assets minus its liabilities.

• It is calculated by dividing the total value of the fund's assets by the number of outstanding shares.

• NAV is used to determine the price at which investors can buy or sell shares in the fund.

• For example, if a mutual fund has assets worth $100 million and liabilities worth $10 m...read more

Business can be done by identifying opportunities, building relationships, providing value, and delivering on promises.

• Identify target market and customer needs

• Build strong relationships with clients and partners

• Provide value through quality products/services

• Deliver on promises and exceed customer expectations