Policyholder, unitholder
Insurance company, unitholder
Insurance company, insurance company
Policyholder, insurer
✅ The correct answer is B.
In traditional life insurance policies, the investment risk is borne by the insurance company, while in unit linked plans, the investment risk is borne by the unitholder.
In traditional life insurance policies, the investment risk is borne by the insurance company, while in unit linked plans, the investment risk is borne by the unitholder.