Bonuses are declared only once a year and do not reflect daily fluctuations in the value of the assets
Policyholder’s benefits depend on assumptions/discretions of the insurance company
Bonus structure does not reflect the true value of assets of the insurer
All of the above
✅ The correct answer is D.
Bonuses are declared only once a year and do not reflect daily fluctuations in the value of the assets, Policyholder’s benefits depend on assumptions/discretions of the insurance company and Bonus structure does not reflect the true value of assets of the insurer are the disadvantages of Traditional With Profit policies over ULIPs.
Bonuses are declared only once a year and do not reflect daily fluctuations in the value of the assets, Policyholder’s benefits depend on assumptions/discretions of the insurance company and Bonus structure does not reflect the true value of assets of the insurer are the disadvantages of Traditional With Profit policies over ULIPs.