Question

Which account in a unit linked contract belongs to the policyholder?

a.

Unit account

b.

Non-unit account

c.

Fund account

d.

NAV account

Answer: (a).Unit account Explanation:The unit account in a unit linked contract belongs to the policyholder and is where units are allocated at a specified price known as the Net Asset Value (NAV).

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Q. Which account in a unit linked contract belongs to the policyholder?

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