Examveda
Examveda

Which of the below can be categorised under wealth accumulation products?

A. Bank deposits

B. Life insurance

C. General insurance

D. Shares

Answer: Option D

Solution(By Examveda Team)

Shares is a wealth accumulation product. To build a corpus for long-term goals like buying a house, building a retirement kitty or funding a child's education, investors must choose products that provide enhanced earning power. This can come in the form of diversified equity funds.

This Question Belongs to Commerce >> Insurance

Join The Discussion

Related Questions on Insurance