Question

What is the key advantage of the transparent structure of ULIPs?

a.

Lower premium costs

b.

Better investment performance

c.

Clearly specified charges for insurance cover and expenses

d.

Guaranteed returns on investment

Answer: (c).Clearly specified charges for insurance cover and expenses Explanation:The transparent structure of ULIPs includes clearly specified charges for insurance cover and expenses, providing policyholders with transparency.

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Q. What is the key advantage of the transparent structure of ULIPs?

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