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Commerce · Q161

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 161

Q161

In which Policy, the insurer agrees to pay the assured or his nominees a specified sum of money on his death or on the maturity of the policy whichever is earlier?

A.
Money Back Plan
B.
Endowment Plans
C.
Annuity Policy
Answer
D.
Unit-linked insurance plan

Answer: Option C

Solution

Answer: Option C
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