GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is the policy that offers multiple coverage combinations for both buildings and contents?
A
WPI
B
PRP
C
REPO
D
UNDP
Explanation: 

Detailed explanation-1: -A ULIP is an insurance plan that offers the dual benefit of investment to fulfil your long-term goals, and a life cover‘ to financially protect your family in case of an unfortunate event.

Detailed explanation-2: -Whole life insurance has several variations, including limited payment, modified, single-premium, and variable whole life.

There is 1 question to complete.