Which of the following policies is suitable for a person who...

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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

In Convertible Whole Life, one can avail insurance protection for a large amount at a lower cost as compared to premium of Endowment Assurance.

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