n NISM Certifications
XVII NISM Series XVII
Medium

Regarding TOP-UPS in ULIP policies:

Practice question from NISM Series XVII- Retirement Adviser Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Can be invested in any fund by the unit holder

  2. B

    Must be declared at policy inception

  3. C

    Amount and frequency must be declared at policy start

  4. Portion assigned to risk cover, remaining invested

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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