Vidyalelo
Commerce · Q774

Insurance

Graduate and Post Graduate · Commerce · question 774

Q774

In Unit Linked policies, the benefits are determined by the _________ of units credited to the policyholder’s account on the date on which payment is due.

A.
Growth
B.
Value
Answer
C.
Reduction
D.
Loss

Answer: Option B

Solution

Answer: Option B
Solution:
In Unit Linked policies, the benefits are determined by the Value of units credited to the policyholder’s account on the date on which payment is due.