Question

What does the Net Asset Value (NAV) formula represent in Unit Linked Insurance?

a.

Policyholder benefits

b.

Market value of assets divided by the number of units

c.

Assumptions made by the life insurance company

d.

Choice of funds available to policyholders

Answer: (b).Market value of assets divided by the number of units Explanation:The Net Asset Value (NAV) formula represents the market value of assets divided by the number of units in the fund.

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Q. What does the Net Asset Value (NAV) formula represent in Unit Linked Insurance?

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