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    Question

    What is the ceiling of annual premium in a Micro

    Variable Insurance Product?
    A Rs 6000 p.a Correct Answer Incorrect Answer
    B Rs 7000 p.a Correct Answer Incorrect Answer
    C Rs 8000 p.a Correct Answer Incorrect Answer
    D Rs 9000 p.a Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    As per the Regulations, the Annual Premium shall not exceed Rs 6000 p.a. in a Micro Variable Insurance product under Non Linked Non-Par platform.

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