In Unit Linked policies, the risk cover is a multiple of _________

Fund Value
Accumulations
Net Asset Value
Premiums

The correct answer is: A. Fund Value

Unit-linked insurance plans are a type of life insurance policy that allows you to invest your premiums in a variety of underlying funds. The risk cover in a unit-linked policy is a multiple of the fund value, which is the total value of the underlying funds at the time of death.

The other options are incorrect because:

  • Accumulations are the total amount of money that has been paid into the policy, including premiums and investment returns.
  • Net asset value is the value of a fund per share, which is calculated by dividing the total value of the fund’s assets by the number of shares outstanding.
  • Premiums are the payments that you make into the policy.

I hope this helps! Let me know if you have any other questions.

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