Question

What is the maximum sum assured in a life micro insurance product?  

A 1 lac Correct Answer Incorrect Answer
B 2 lac Correct Answer Incorrect Answer
C 2.5 lac Correct Answer Incorrect Answer
D 3 lac Correct Answer Incorrect Answer
E 5 lac Correct Answer Incorrect Answer

Solution

As per the Regulations, the sum assured under an Insurance product offering Life or pension or Health benefits shall not exceed an amount of Rs 200000.

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