Question

How can the policyholder vary premiums and benefits over the lifetime in unit-linked contracts?

a.

By investing in debt securities

b.

By choosing the fund for investment

c.

By opting for a single premium policy

d.

By selecting a fixed premium amount

Posted under IC 14 Regulations of Insurance Business

Answer: (b).By choosing the fund for investment Explanation:Unit-linked contracts are designed to allow the policyholder to vary premiums and benefits over their lifetime. The policyholder can choose the fund in which their premiums will be invested, providing flexibility in investment.

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Q. How can the policyholder vary premiums and benefits over the lifetime in unit-linked contracts?
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