In respect of Traditional cash value plans, which is incorrect:-?

Question

In respect of Traditional cash value plans, which is incorrect:-?

Bonuses do not reflect the investment performance of the insurer
The method for arriving at surrender value is not easily visible
Cash value component is well defined
None of the above

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 3

In respect of Traditional cash value plans, Cash value component is not well defined. Cash value life insurance is a form of permanent life insurance that features a cash value savings component.

4 views Answered 2022-09-01 13:21