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Discussion :: Insurance Awareness

  1. Which of the following is a combination of insurance as well as an investment?
    2. A.
    Money back policy
    B.
    Endowment plan
    C.
    Unit Link Insurance Plan
    D.
    Mutual Funds

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    Workspace

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    Answer : Option C

    Explanation :

    Unit Link Insurance Plan is basically a combination of insurance as well as investment, while mutual funds are a pure investment avenue

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