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Question: What is the internal rate of return when it comes to insurance policy?

Answer: Internal Rate of Return or IRR is the barometer of checking returns offered by an insurance policy. IRR calculates the percentage return over a specific period of an investment. While calculating IRR, any investment or premium paid is entered as a negative value while any gains from the insurance policy including maturity value or inflow of any percentage of money in case of a money back policy is listed as a positive quantity. IRR can calculate returns depending on the amount invested in the insurance policy after every fixed tenure period.

Internal Rate of Return or IRR is the barometer of checking returns offered by an insurance policy. IRR calculates the percentage return over a specific period of an investment. While calculating IRR, any investment or premium paid is entered as a negative value while any gains from the insurance policy including maturity value or inflow of any percentage of money in case of a money back policy is listed as a positive quantity. IRR can calculate returns depending on the amount invested in the insurance policy after every fixed tenure period. Source: CoolInterview.com

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