Unit-Linked Life Insurance is a life insurance policy that helps investors to accumulate capital by combining insurance cover with investment in funds. Policies are available in various currencies. Unit-linked life insurance allows insurance holders to benefit from the performance of the investment funds they have chosen.
At maturity, the client receives the value of the fund units, paid in the currency of the policy.
In the event of death before maturity of the
policy, the guaranteed lump sum payable at death is paid to the
beneficiary. If the value of the fund units exceeds the guaranteed death
benefit, the higher amount is paid out.
Fund units can, in principle, be sold back to the management company on any day at the current net asset value. Some alternative investment funds may be exception to this rule.
The net asset value of an
unit is the market value of the fund on a specified date, less
liabilities and divided by the number of unit certificates issued. The
net asset value is generally calculated and published on a daily or
What is Whole Life Insurance?
Return from Unit-Linked Life Insurance to MyLife insurance policy