Vidyalelo
Commerce · Q755

Insurance

Graduate and Post Graduate · Commerce · question 755

Q755

Non-traditional products are also known as

A.
Unbundled plans
Answer
B.
Bundled plans
C.
ULIP
D.
Annuity

Answer: Option A

Solution

Answer: Option A
Solution:
Non-traditional products are also known as Unbundled plans. An unbundled life insurance policy is a type of financial protection plan that provides cash to beneficiaries upon the policyholder's death.