Page 107 - IC46 addendum

The Insurance Times b. Ind AS 38
d. Ind AS 106
a. Ind AS 35
c. Ind AS 39
e. Ind AS 103

10. Some insurance contracts contain both
an _________ and a__________. In some
cases, an insurer is required or permitted
to unbundle those components -

a. Money component and insurance component.
b. Deposit component and insurance

component.
c. Deposit component and premium

component.
d. Deposit component and risk component.
e. Deposit component and monetary

component.

11. Unbundling is required if both the
following conditions are met -

a. The insurer can measure the deposit
component (including any embedded
surrender options) separately

b. The insurer's accounting policies do not
otherwise require it to recognise all
obligations and rights arising from the
deposit component.

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