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Q3.5 in course notes asks the advantages and disadvantages of regulation in the sale of unit linked savings products. In the answer provided, the...
I'm a little confused by the BEL for the savings element of the UL contract versus the GAO. In particular: The BEL for the unit fund projects...
1. Could you please clarify the benefit options available for UL products? My understanding was that the benefit payable on death was the value...