Which of the following policies is suitable for a person who cannot temporarily afford to pay high premiums?
A. Convertible Endowment
B. Convertible Money Back
C. Convertible ULIP
D. Convertible Whole Life
Answer: Option D
Solution (By Examveda Team)
In Convertible Whole Life, one can avail insurance protection for a large amount at a lower cost as compared to premium of Endowment Assurance.Related Questions on Insurance
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