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What is the primary purpose of a Unit Linked Insurance Plan (ULIP)?a)To provide term life insurance coverage.b)To offer retirement benefits.c)To combine life insurance coverage with investment opportunities.d)To cover medical expenses.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary purpose of a Unit Linked Insurance Plan (ULIP)?a)To provide term life insurance coverage.b)To offer retirement benefits.c)To combine life insurance coverage with investment opportunities.d)To cover medical expenses.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of a Unit Linked Insurance Plan (ULIP)?a)To provide term life insurance coverage.b)To offer retirement benefits.c)To combine life insurance coverage with investment opportunities.d)To cover medical expenses.Correct answer is option 'C'. Can you explain this answer?.

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