Difference between Unit Linked and With Profit Policies #LifeInsurance
Channel: MJ the Fellow Actuary
Date: 2017-04-30

One thing Actuaries can do is strip away volatility from an investment portfolio. Thats what they do with With-Profit Policies. Excess returns are stored in a reserve and used when returns start to slump. Unit-linked are directly linked to underlying assets and don't require an actuary to set up a bonus reserve.

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