All of the following is true regarding ULIP’s EXCEPT: – McqOptions

MCQOPTIONS

1.	All of the following is true regarding ULIP’s EXCEPT:
A.	nit holder can choose between different kind of funds
B.	ife insurer provides guarantee for unit values
C.	nits may be purchased by payment of a single premium or via regular premium payments
D.	LIP policy structure is transparent with regards to the insurance expenses component
Answer» C. nits may be purchased by payment of a single premium or via regular premium payments

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