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    Question

    Which life insurance company has launched a new product,

    T.U.L.I.P, a term with a unit-linked insurance plan that gives a life cover up to 100 times the annual premium while permitting customers to earn returns like a ULIP product?
    A HDFC Life Insurance Correct Answer Incorrect Answer
    B Kotak Mahindra Life Insurance Correct Answer Incorrect Answer
    C Max Life Insurance Correct Answer Incorrect Answer
    D Bajaj Allianz Life Insurance Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Kotak Mahindra Life Insurance has launched a new product, T.U.L.I.P, a term with a unit-linked insurance plan. The product is a plan that gives a life cover up to 100 times the annual premium while permitting customers to earn returns like a ULIP product.It offers loyalty additions of up to 30 per cent of the fund value as a part of the maturity benefits added by the company.

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