
Choose the correct statement regarding ULIP _____.
Offers tax benefits
Easy exit possible
Tax benefit available only on tax saving funds
Investment tool suitable for short to medium term


Important Questions on Insurance
What is the minimum paid up capital required for a General Insurance Company to commence its operations in India?

Which is the sole reinsurance company in the Indian insurance market?

Insurance service provided by various banks is commonly known as:

ECGC is related to _____.

Which of the following is not in the State list under the Constitution of India?

Government has issued an ordinance announcing ULIP as 'Insurance Product'. Who is now the regulator of ULIPs?

Under whose chairmanship was the committee on Insurance Sector reforms set up?

Which is the first bank in India to fully own an insurance business?
