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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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