NISM 10B Investment Adviser Level 2 Notes

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  • Term Insurance: Provides coverage for a specific period with no savings component.
  • Sum Assured: The guaranteed amount payable on the insured’s death.
  • Whole Life Insurance: Offers lifelong coverage with a savings element.
  • Endowment Policy: Pays sum assured on death or policy maturity.
  • Money-Back Policy: Returns a percentage of sum assured periodically during the term.

NISM 10B NISM Investment Adviser Level 2

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