Question

What characterizes Endowment Plans With Fixed Guaranteed Returns?

a.

They offer variable returns based on market conditions.

b.

They invest primarily in equities for higher returns.

c.

They provide fixed returns based on factors like interest rate movements.

d.

They guarantee a fixed sum assured at the start of the policy.

Posted under IC 89 Management Accounting

Answer: (c).They provide fixed returns based on factors like interest rate movements. Explanation:Endowment Plans With Fixed Guaranteed Returns offer fixed returns that vary from insurer to insurer based on factors such as interest rate movements, asset allocation, and reinvestment risks.

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Q. What characterizes Endowment Plans With Fixed Guaranteed Returns?
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