Which of the following is NOT true regarding ULIP?

Which of the following is NOT true regarding ULIP? Correct Answer Life insurer provides guarantee for unit values

ULIP is a life insurance product which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds.
Bissoy MCQ

Related Questions

Which of the below statement is true regarding ULIP’s?
Which of the below is not a component of ULIP premiums?
What are the charges in a ULIP?
Call me if you have any problems regarding your work.' Here 'regarding' is a/an
I know nothing regarding this matter. Here 'regarding' is a _.
Which of the following is not true regarding Conditional Formatting?
Which of the following statements is NOT true regarding corporate strategies?
Which one is NOT true regarding the Market Stabilization Scheme (MSS)?
Which of the following statements in true regarding Cookies ?
Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?