Question

What does Net Asset Value (NAV) represent?

Total value of all assets held by the insurer

Price per unit of the Segregated Fund

Total liabilities of the insurer

Annual premium paid by the policyholder

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (b).Price per unit of the Segregated Fund Explanation:Net Asset Value (NAV) represents the price per unit of the Segregated Fund.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What does Net Asset Value (NAV) represent?

Add Comment

Recommended Subjects

Are you eager to expand your knowledge beyond IC 92 Actuarial Aspects of Product Development? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

IC85 Reinsurance Management

Gear up for success in the Insurance Institute of India (III) examination with IC85...

Total Quality Management

Enhance your understanding of quality management with our Total Quality Management...

Mechanical Engineering

Explore the world of Mechanical Engineering with our specialized category. Dive into...

DC Machines

Dive into the fundamentals of direct current (DC) machines with our specialized...

Engineering Materials

Discover the building blocks of engineering with our Engineering Materials category....

Professional Communication

Hone your communication skills with our Professional Communication category. Enhance...

Environmental Biotechnology

Discover the intersection of biology and environmental science with our Environmental...

Virology

Explore the captivating world of Virology with our specialized category. Dive into...

Verbal Ability

Hone your language and communication skills with our Verbal Ability category. Enhance...