Q.

Mr. Vishal had taken an Insurance of Rupees 50 Lakhs, for a Period of 25 Years. On Maturity, the Insurer pays the Maturity-Claim Minus the Survival-Benefits, Received During the Term of the Policy. Which Type of Plan, was taken, by Mr. Vishal?

A. Participating Plan
B. Return of Premium(s) Plan
C. Unit-Linked Insurance Plan (U.L.I.P.)
D. Money-Back Assurance Plan
Answer» D. Money-Back Assurance Plan
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Insurance Exam (LIFE)

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