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    Question

    An extension of endowment plans is known as which

    policy?
    A Money Back policy Correct Answer Incorrect Answer
    B Term insurance Correct Answer Incorrect Answer
    C General insurance Correct Answer Incorrect Answer
    D Health insurance policy Correct Answer Incorrect Answer

    Solution

    An extension of endowment plans is basically known as Money Back policy in which the policy holder receives a fixed amount at specific intervals throughout the duration of the policy.

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