GLO_CWM_LVL_1 Exam Dumps : Chartered Wealth Manager (CWM) Global Examination

The doctrine of adhesion states that you can bargain or ask insurer to change the terms of the insurance contract as per your needs.

While applying for life insurance, it becomes your duty to disclose your past illnesses to the insurer, according principle of utmost good faith

While applying for life insurance, it becomes your duty to disclose your past illnesses to the insurer, according principle of insurable interest

While applying for life insurance, it becomes your duty to disclose your past illnesses to the insurer, according principle of subrogation

Legal document used to transfer little of real property in the eyes of law

Legal process of settling of disputes arising out of untimely death

A situation where a person dies without a will

Is a document that amends, rather than replaces, a preciously executed will

Exemption limit is least of there:

(i) 7 day’s wages (calculated as 26 working days in a month) based on last drawn salary for every number of seasons worked,

(ii) Rs. 3,50,000/-,

(iii) Actual gratuity received

Exemption limit is least of three:

(i) 7 day’s wages based on last drawn salary for every number of seasons worked,

(ii) Rs. 3,00,000/-,

(iii) Actual gratuity received

Exemption limit is least of three:

(i) 15 day’s wages based on last drawn salary for every completed year

(ii) Rs. 3,50,000/-,

(iii) Actual gratuity received

Exemption limit is least of three:

(i) 15 day’s wages based on last drawn salary for every completed year

(ii) Rs. 4,00,000/-,

(iii) Actual gratuity received