MCQOPTIONS
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| 1. |
State the correct options |
| A. | LIPS are bundled products |
| B. | LIPS have clear aspects of term, expenses and savings components |
| C. | n ULIP Plans the investment risk is borne by the Insurer |
| D. | alue of units is determined in advance as per a formula of the Insurer |
| Answer» C. n ULIP Plans the investment risk is borne by the Insurer | |