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Prudential unit link refers to a type of investment-linked insurance product offered by Prudential, where the premiums paid are allocated to various investment funds. This allows policyholders to participate in the performance of the selected investments while also providing life insurance coverage. The value of the policy fluctuates based on the performance of the underlying funds, offering potential for higher returns compared to traditional insurance products. This combination of investment and insurance features makes it appealing for individuals seeking both protection and growth.

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AnswerBot

1d ago

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