n NISM Certifications
X NISM Series X
Medium

What is a key benefit of ULIPs for investors?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Premium determination is in the hands of the investor

  2. B

    Dividend decisions are in the investor's control

  3. Asset allocation decisions are in the investor's control

    Correct answer

  4. D

    Portfolio selection is in the investor's hands

Why this is the answer

ULIPs offer flexibility in choosing how to allocate premiums across various funds, enabling investors to tailor their investment mix.

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