723. Mahesh ran a business on borrowed capital. After his sudden demise, all the creditors are doing their best to go after Mahesh’s assets. Which of the below assets is beyond the reach of the creditors?

Property under Mahesh’s name
Mahesh’s bank accounts
Term life insurance policy purchased under section 6 of the MWP Act
Mutual funds owned by Mahesh
✅ The correct answer is C.
The term life insurance policy purchased under Section 6 of the MWP Act cannot be taken by the creditors.

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