Vidyalelo
Commerce · Q218

Insurance

Graduate and Post Graduate · Commerce · question 218

Q218

Unit Linked policy scores over Traditional plan with respect to

A.
Transparent charges structure
B.
Value of the units related to an index of performance
C.
Both premium and sum insured (as a multiple of annual premium) decided by the insured
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Unit Linked policy scores over traditional plan with respect to Transparent charges structure, value of the units related to an index of performance and both premium and sum insured (as a multiple of annual premium) decided by the insured.