Multiple choice

In ULIPs, the result of policy allocation charge would be that _______ amount would be allocated for investment in units.

  1. more

  2. less

  3. high

  4. Any of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In case of ULIPs, allocation charges are deducted from the initial premiums itself. As a result, less amount would be allocated for investment in units.