GuideUpdated Nov 2026 · 1 min read
Plan Types
The main life plans are term, endowment, whole life, money back and unit linked.
The main life plans are term, endowment, whole life, money back and unit linked. Exam questions often ask what each pays.
Quick Guide
- check_circleTerm: pays on death only.
- check_circleEndowment: pays on death or maturity.
- check_circleWhole life: lifelong cover.
- check_circleULIP: market-linked.
FAQs
Which plan is pure protection?expand_more
Term insurance.
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