Which of the below mentioned insurance plans has the least or...

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Which of the below mentioned insurance plans has the least or no amount of savings element?

A. Term insurance plan

B. Endowment plan

C. Whole life plan

D. Money back plan

Answer: Option A

Solution (By Examveda Team)

Term insurance plan has the least or no amount of savings element. Term insurance does not have a savings element associated with it.

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