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Question

has a rate of premium that is comparatively high.

A
Life Policies
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B
Endowment Policies
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C
Jeevan Sathi
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D
Jeevan Surbhi
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Solution

The correct option is B Endowment Policies
Endowment Policies has a rate of premium that is comparatively high as compared to Whole Life Assurance. The compensation is paid at the death or expiry of a specific period whichever comes earlier.

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