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
Correct Answer: Both A & B
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.