High
Low
Moderate
None of the three
Answer is Right!
Answer is Wrong!
The correct answer is: B. Low
A ULIP (Unit-Linked Insurance Plan) is a type of life insurance policy that combines life insurance with investment. The value of the benefits in a ULIP depends on the performance of the underlying investments. In the initial years of a ULIP, the value of the benefits is usually low because the investments have not had time to grow. However, over time, the value of the benefits can grow significantly, depending on the performance of the investments.
Here is a brief explanation of each option:
- A. High – This is incorrect because the value of the benefits in a ULIP is usually low in the initial years.
- B. Low – This is the correct answer because the value of the benefits in a ULIP is usually low in the initial years.
- C. Moderate – This is incorrect because the value of the benefits in a ULIP is usually either low or high, but not moderate.
- D. None of the three – This is incorrect because one of the options is correct.