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Unit linked |
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Unit linkedSee: 'unit linked policy'.Similar MatchesIndex linkedIndex linkedThe coupling of salaries and pensions etc to the retail price index in order to make sure that the income from them keeps pace with inflation. Unit linked whole of life assuranceUnit linked whole of life assuranceSee: 'whole life assurance'. Unit linked life assuranceUnit linked life assuranceSee : 'unit linked policy'. Unit linked endowmentUnit linked endowmentYour monthly premiums are used to buy units in a fund or funds run by professional managers. Like unit trusts, the price of these units can go up and down, so the value of the endowment can constantly change. Unit linked policyUnit linked policyA life assurance policy in which a portion of the premium(1) is used to purchase life cover (the sum assured) with the balance invested in an authorised unit trust/trusts. The return on the policy is thus linked to the performance of the units in the unit trust. Unit linked policies include single premium bonds or investment bonds, unit linked endowment assurance and unit linked whole life assurance.A pension plan in which members' contributions are used to purchase units in an authorised unit trust. Further Suggestionsindex linked term assuranceEquity linked mortgage unit linked endowment assurance Equity linked policies Principal Exchange Rated Linked Securities (PERLS) index linked family income assurance Equity linked Eurobonds Credit linked security |
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