Vidyalelo
Commerce · Q778

Insurance

Graduate and Post Graduate · Commerce · question 778

Q778

What could be the basis for choice of fund in a Unit Linked policy?

A.
Investment need
B.
Risk profile
C.
Both A & B
Answer
D.
None of the three

Answer: Option C

Solution

Answer: Option C
Solution:
Investment need and Risk profile could be the basis for choice of fund in a Unit Linked policy. Unit linked insurance plans allow policy takers to closely monitor their portfolios. They also offer the flexibility to switch your capital between funds with varying risk-return profiles.