When was the Oriental Life Insurance Company established?
Answer: Option B
Solution(By Examveda Team)The Oriental Life Insurance Company was started by Europeans in Calcutta in 1818 to cater to the growing numbers of Britishers in India.
A. Legal value
B. Money value
C. Policy value
D. Paid-up value
A. Value of the units is determined by a formula fixed in advance
B. Investment risk is borne by the insurer
C. ULIP’s are opaque with regards to their term, expenses and savings components
D. ULIP’s are bundled products