Question

What does the term 'linked business' mean in the context of life insurance?

a.

Contracts solely dependent on human life

b.

Contracts linked to the performance of specified investments

c.

Contracts providing disability benefits

d.

Contracts providing annuities only

Answer: (b).Contracts linked to the performance of specified investments Explanation:'Linked business' refers to contracts where some benefits are either wholly or partly linked to the performance of specified investments.

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Q. What does the term 'linked business' mean in the context of life insurance?

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