Insurance Question:

Tell me what is an investment linked plan in life insurance?

Tweet Share WhatsApp

Answer:

For investment-linked insurance, your premium is used to buy life insurance protection and units in a fund managed by the life insurance company. The benefits paid to you or your nominee will depend on the price of the units at the time you surrender your policy or when you pass away.

Download Insurance PDF Read All 53 Insurance Questions
Previous QuestionNext Question
What is an endowment plan in life insurance?Do you know what is life annuity plan in life insurance?