IC Paper 5 (Set A)

Posted on

 999

6 Jan 2023

IC Paper 5 Question

Which of the following statements regarding Investment-linked Policies is true?

a) An Investment-linked Policy Owner bears full investment gains and losses.

b) Investment-linked Policies can only be issued by investment companies.

c) Bonus smoothing is applied to Investment-linked Policies.

d) Investment-linked Policies are only available as a single premium policy.

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