Which among the following is a limitation of traditional life insurance products?

Which among the following is a limitation of traditional life insurance products? Correct Answer Rate of return is not easy to ascertain

Rate of return is not easy to ascertain in traditional life insurance products. A traditional whole life policy is a type of life insurance contract that provides for insurance coverage of the contract holder for his/her entire life. These policies also include an investment component, which accumulates a cash value that the policyholder can withdraw or borrow against.
Bissoy MCQ

Related Questions

According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
Which of the following are products and services bought by final consumers for personal consumption? These include convenience products, shopping products, specialty products, and unsought products.
Which of the following insurance products is offered by 'Bangladesh Insurance Academy'?
Rakesh recently bought a health insurance policy and a personal accident policy. What main section(s) of the insurance market do these products normally fall into?
Apart from the salary level, what another key feature of Alok’s job is likely to have a major impact on the level of his pension, life insurance, and health insurance needs?
Which one of the following does not belong to the main products of life insurance?
What does unbundling of life insurance products refers to?
Which of the following is not a traditional type of product offered by insurance companies?
Private General insurance companies in Bangladesh must place 50% of their re-insurance business with which of the following companies?
Whenever G employs only one detective, which of the following must be true? 1.R works for two insurance companies. 2. T works for G, 3. S works for two insurance companies