Question

How do Unit Linked policies differ from traditional insurance policies in terms of policyholder benefits?

a.

They depend on assumptions of the insurance company

b.

They are not based on any formula

c.

They depend on the choice of funds and market asset values

d.

They offer fixed benefits

Answer: (c).They depend on the choice of funds and market asset values Explanation:Policyholder benefits in Unit Linked policies depend on the choice of funds and market asset values, rather than the assumptions of the insurance company.

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Q. How do Unit Linked policies differ from traditional insurance policies in terms of policyholder benefits?

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