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

A. Investment need

B. Risk profile

C. Both A & B

D. None of the three

Answer: Option C

Solution(By Examveda Team)

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.