Which of the following is untrue as per IRDA’s regulations on non-par policies?

A. The benefits shall be stated at the outset

B. The benefits shall be linked to some index

C. The additional benefit under these policies shall be laid out at the outset

D. The return shall be stated at the beginning of the contract itself

Answer: Option B

Solution(By Examveda Team)

The benefits of an insurance policy are not linked to any index. Hence, option (2) is the correct answer.