Question

What does the facility of top-up premiums allow for policyholders in Unit Linked Policies?

a.

It allows them to decrease their annual contributions.

b.

It allows them to avoid initial allocation charges.

c.

It allows them to withdraw a portion of their funds.

d.

It allows them to surrender their policies.

Answer: (b).It allows them to avoid initial allocation charges. Explanation:The facility of top-up premiums allows policyholders to increase their annual contributions, avoiding initial allocation charges.

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Q. What does the facility of top-up premiums allow for policyholders in Unit Linked Policies?

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