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All of the Following Statements Are False, with Respect to Unit-Linked

Question 1

Multiple Choice

All of the Following Statements are False, with Respect to Unit-Linked Insurance Plans (U.L.I.P.s) , Except:


A) Policy-Holder's Benefits or Returns depend on the Assumptions and Discretion of the Life Assurance Company.
B) Investment-Risk is borne by the Insurer.
C) Unit-Linked Insurance Plans (U.L.I.P.s) are Transperant with Regard to their Term- Component, Expenses- Component, and Savings- Component.
D) Unit-Linked Insurance Plans (U.L.I.P.s) are Bundled Products.

Correct Answer:

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