Question

What do you mean by money back policy in insurance?

A Financial instrument that offers periodic payouts at specified intervals along with a payout in the event of the death of the policyholder
B It is defined by insurance companies as an event that occurs solely as a result of an accident.
C It offers coverage in the form of sum assured against the losses incurred other than the death of the policyholder
D It provides financial protection against any loss of personal property.
E None of these
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