ExamVeda
Login
Home
This question belongs to Commerce Insurance
Insurance
?

Name the deductions made from policyholder of a Unit Linked policy.

Answer & Solution
Correct Answer: Option D
In a Unit Linked Plan (ULIP), the premiums you pay are invested in the funds chosen by you after deducting allocation charges and charges including those for managing funds, policy administration and for providing insurance cover are deducted from the funds by cancelling certain units. Charges are deducted.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.