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--- ensures payment of the sum assured to the policy holder or to his nominee either at the end of the period or on death of the assured.

AEndowment Assurance

BWhole life plans

Cjoint life policy

Dnone of these

Answer:

A. Endowment Assurance

Read Explanation:

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--- is the all rights title and interest of assignor in the policy is transferred to the assignee without reversion to the former.