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NettetAn Investment-Linked Assurance Scheme (ILAS) is a long term insurance policy which provides both life insurance protection and investment options. It is designed for investors who are prepared to hold the investment for a long term period and willing to pay surrender charges which maybe high if the policy is surrendered in early years. Nettet22. mar. 2024 · A unit linked insurance plan can be used for various purposes, including providing life insurance, building wealth, generating retirement income, and paying for … bean bag numbers

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