Multiple choice

Which of the following is/are the disadvantage(s) of Traditional With Profit policies over ULIPs?

  1. Bonuses are declared only once a year and do not reflect daily fluctuations in the value of the assets.

  2. Policyholder's benefits depend on assumptions/discretions of the insurance company.

  3. Bonus structure does not reflect the true value of assets of the insurer.

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

All of the above are the benefits given under ULIP.

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