Question

How does Unit Linked Insurance ensure a transparent structure?

a.

By offering guaranteed returns

b.

By specifying charges for insurance and expenses

c.

By providing unlimited investment choices

d.

By linking benefits to the life insurer's investments

Posted under IC38 Life Insurance Agent Exam

Answer: (b).By specifying charges for insurance and expenses Explanation:Unit Linked Insurance maintains a transparent structure by clearly specifying charges for insurance cover and expenses.

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Q. How does Unit Linked Insurance ensure a transparent structure?
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