Q. What was a critical concern with traditional life insurance policies?

View solution

Q. Who bears the investment risk in ULIPs?

View solution

Q. How is the death benefit calculated in ULIP policies?

View solution

Q. How are initial costs managed in ULIPs compared to traditional policies?

View solution

Q. What is the key advantage of the transparent structure of ULIPs?

View solution

Q. What is the primary factor that determines the benefits under ULIP policies?

View solution

Q. Who bears the investment risk in Unit Linked Insurance?

View solution

Q. What is the key difference in the pricing of initial costs between traditional policies and Unit Linked Insurance?How is the death benefit calculated in Unit Linked Insurance?

View solution

Q. What is the key difference in the pricing of initial costs between traditional policies and Unit Linked Insurance?

View solution

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

View solution

Q. What is the significance of unit creation in Unit Linked Insurance?

View solution

Q. What is the primary determinant of benefits under Unit Linked Insurance policies?

View solution

Q. Which type of fund primarily invests in equity and equity-related instruments?

View solution

Q. What do Unit Linked policies allow policyholders to choose between?

View solution

Q. Why do policyholder benefits in Unit Linked Insurance not depend on the assumptions of the life insurance company?

View solution

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

View solution

Q. How is the value of units in Unit Linked Insurance typically defined?

View solution

Q. Which fund primarily invests in equity and equity-related instruments?

View solution

Q. In Unit Linked Insurance, what can policyholders choose between?

View solution

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

View solution