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Mr Rahul Had Purchased an Insurance-Cover, from ABC Insurance Company

Question 12

Multiple Choice

Mr. Rahul had purchased an Insurance-Cover, from ABC Insurance Company, for a Period of 20 Years. On Completion of 20 Years, the Company pays Fund-Value to Mr. Rahul, as the Maturity-Claim. Which Type of Plan, was taken, by Mr. Rahul?


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

Correct Answer:

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