In traditional life insurance policies, the investment risk is borne by the _________, while in unit linked plans, the investment risk is borne by the _________.

A. Policyholder, unitholder

B. Insurance company, unitholder

C. Insurance company, insurance company

D. Policyholder, insurer

Answer: Option B

Solution(By Examveda Team)

In traditional life insurance policies, the investment risk is borne by the insurance company, while in unit linked plans, the investment risk is borne by the unitholder.