Drill

RO2 Section 8 (1)

Audio flashcards covering life assurance-based investments, with-profits, unit-linked funds, bonds, and their tax treatment.

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Management & Tools

Deck Contents

85 Cards
Quiz#1
What are the two types of life assurance-based investments?

High protection High investment

Quiz#2
What are the main characteristics of high protection life assurance-based investments?

High insurance element More premium for cover

Quiz#3
What are the main characteristics of high investment life assurance-based investments?

Low life assurance Primarily investment

Quiz#4
What are the two types of with profit policy contracts?

Regular premium Single premium

Quiz#5
Why has there been a number of industry reviews for with profit policies?

Lack of transparency

Quiz#6
How is investment performance reflected for with profit policies?

Bonuses attached to policy

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