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

Correct Answer: The benefits shall be linked to some index

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