Many insurance companies now a days sell the unit linked plans that safeguard the investment of the customer from market fluctuations, so that investments are protected in financially volatile times. The return in these policies are based upon the highest NAV. What does the NAV refer to?
[A] Nil Asset Variation
[B] Net Asset Variation
[C] Net Asset Value
[D] New Asset Value

Show Answer

Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...