Which of the following is NOT true regarding ULIP? – McqOptions

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1.	Which of the following is NOT true regarding ULIP?
A.	unit holder can choose between different kinds of funds
B.	ife insurer provides guarantee for unit values
C.	nits may be purchased by payment of a single premium or by 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 by regular premium payments

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