Question

Which of the following is NOT a category under Non-linked variable insurance?

a.

Individual Non-par

b.

Group Savings Non-Par

c.

Individual Par

d.

Fund based Group Par

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (c).Individual Par Explanation:There are various categories under Non-linked variable insurance, including Individual Non-par, Group Savings Non-Par, and Fund based Group Non-par, but "Individual Par" is not.

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Q. Which of the following is NOT a category under Non-linked variable insurance?
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