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R05 - Financial Protection

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

By: Amy Wright
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Decks in this class (14)

Life Insurance - Term Assurance
Level, Renewable, Convertible, Decreasing, Increasing, Family Income Benefit, Group Life Assurance
39  cards
Life Insurance - Whole of Life
When does the sum assured get pai...,
Is a wol policy a permanent or no...,
Are the premiums for a wol policy...
20  cards
Life Insurance - Assessing Client Needs
Types,
Cover required,
3 who should be covered for how long
6  cards
Life Insurance - Administration
Insurable Interest, Premiums
14  cards
Life Insurance - Underwriting Risks
Which policy types are subject to...,
Which 5 types of information will...,
Which act do the non disclosure r...
26  cards
Data Protection
Under what do individuals have a ...,
What does the data protection act...,
What is the main purpose of data ...
10  cards
Assignments
Why may a policy be assigned to s...,
Whose responsibility is it to inf...,
What must the new assignee inform...
18  cards
Processing Claims
What 5 things are all claims subj...,
If a claim is being made on matur...,
If a claim is being made on matur...
10  cards
Tax
How is the fund of a life company...,
When may a policyholder be subjec...,
Are policyholders subject to cgt ...
25  cards
Trusts
What is a trust,
Who are the 3 parties to a trust,
Who administers and controls the ...
40  cards
Taxation of Trusts
If a gain occurred under a trust ...,
If a gain occurred in a year afte...,
What is the tax rate applicable t...
11  cards
Wills
If someone dies without making a ...,
If someone dies without a will ho...,
Who is responsible for paying any...
14  cards
Power of Attorney
What are the 3 types of power of ...,
Which types of p,
Can an enduring poa be made on
5  cards
Cover Types
What is the purpose of income pro...,
How is income protection taxed,
Is income protection a permanent ...
38  cards

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R05 - Financial Protection

  • Class purpose General learning

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