In respect of Traditional plans, which of the following statement is correct?

A Policyholder’s bonus depend on periodic valuation of Assets & Liabilities
B Bonus did not directly reflect the value of assets of the insurer
C Both A & B
D None of the above

Correct Answer: Both A & B

Both the statements are correct in respect of traditional plans.
Policyholder’s bonus depend on periodic valuation of Assets & Liabilities and Bonus did not directly reflect the value of assets of the insurer.
Bissoy MCQ
#Commerce #Insurance

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