ExamVeda
Login
Home
This question belongs to Commerce Insurance
Insurance
?

In Unit Linked policies, the risk cover is a multiple of _________

Answer & Solution
Correct Answer: Option D
In Unit Linked policies, the risk cover is a multiple of Premiums. A unit linked insurance plan (ULIP) is an investment product that provides for insurance payout benefits. ULIP offerings are primarily concentrated in India. The investment vehicle requires a premium payment which is invested in investment products for capital appreciation.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.