B Com Exam > B Com Tests > Principles of Insurance > Test: Insurance Products - 2 - B Com MCQ
Test: Insurance Products - 2 - B Com MCQ
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10 Questions MCQ Test Principles of Insurance - Test: Insurance Products - 2
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Test: Insurance Products - 2 - Question 1
What are the key features of LIC Term Insurance Plans?
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Test: Insurance Products - 2 - Question 2
Which LIC term plan is primarily designed for the rural population or low-income groups and offers a maturity benefit?
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Test: Insurance Products - 2 - Question 3
What is the minimum entry age for LIC e-Term, LIC's only online term plan?
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Test: Insurance Products - 2 - Question 4
Which LIC term plan offers a Single Pay premium option?
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Test: Insurance Products - 2 - Question 5
What is the primary advantage of taking an insurance plan from LIC?
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Test: Insurance Products - 2 - Question 6
Which type of funds can be chosen in a Unit Linked Insurance Policy (ULIP) based on risk appetite?
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Test: Insurance Products - 2 - Question 7
What is the primary purpose of Unit Linked Insurance Policies (ULIPs)?
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Test: Insurance Products - 2 - Question 8
What is the minimum premium that can be paid towards the LIC New Endowment Plus ULIP in a year?
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Test: Insurance Products - 2 - Question 9
What is the main feature that distinguishes ULIPs from traditional life insurance policies?
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Test: Insurance Products - 2 - Question 10
Which LIC term plan offers the option to pay premiums in monthly installments?
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