I. Introduction to Investment-linked Long Term Insurance Policies 投資相連長期保單簡介

Investment-linked long term policies fall within Class C of long term business in Hong Kong and cover life or life annuity contracts whose benefits depend wholly or partly on property values, income, value movements or a related index. Candidates should distinguish the investment link from premium arrangements and the names used in different markets.

Investment-linked long term insurance links policy value to investment performance through allocated fund units. Policyholders bear the investment gains and losses but do not directly own the underlying assets.