Hk-iiqe-paper-5 Practice Questions - IIQE Paper V - Investment-linked Long Term Insurance Examination Exam

Unitised policies only invest in government bonds, whereas participating policies invest in equities. Unitised policies have transparent charges and direct exposure to fund values, whereas participating policies distribute profits through bonuses declared at the insurer's discretion. Participating policies pass all investment risks to the policyholder, whereas unitised policies guarantee returns. Unitised policies are short-term contracts of indemnity, whereas participating policies are long-term valued policies.