Lower of sum assured or fund value
Lower of sum assured or fund value
Premiums paid will be returned with 2% higher interest rate as compared to a bank’s savings deposit
Surrender value
✅ The correct answer is B.
Shankar bought a 10 year Unit Linked Insurance Plan. If he dies before the maturity of the policy lower of sum assured or fund value will be paid.
Shankar bought a 10 year Unit Linked Insurance Plan. If he dies before the maturity of the policy lower of sum assured or fund value will be paid.