Mr. Brijesh purchased a 20-Years' Unit-Linked Insurance-Plan (U.L.I.P.), from ABC Insurance Company. If Mr. Brijesh Dies, Before the Maturity of the Policy, then Insurance Company will have to pay --.

Question

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In the event of the death of the policyholder before the maturity of a Unit-Linked Insurance Plan (ULIP), the insurance company is typically required to pay the higher of the sum assured or the fund value. This ensures that the beneficiaries receive the maximum possible benefit, whether it comes from the insurance component (sum assured) or the investment component (fund value) of the ULIP.

Mr Brijesh Purchased a 20-Years' Unit-Linked Insurance-Plan (U