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1. |
Mr. Sudhir had taken an Insurance-Cover of Rupees 25 Lakhs, from ABC Insurance Company, 20 Years Back. On Maturity, the Company pays the Sum-Assured Plus Accumulated Bonuses, Less the Dues (Outstanding Premium(s)), as the Maturity-Claim, to Mr. Sudhir. Which Type of Plan, was taken, by Mr. Sudhir? |
A. | Participating Plan |
B. | Return of Premium(s) Plan |
C. | Unit-Linked Insurance Plan (U.L.I.P.) |
D. | Money-Back Assurance Plan |
Answer» B. Return of Premium(s) Plan | |