It is easy to know cash value and savings value components in a traditional plan
In a traditional life insurance it is not easy to ascertain the rate of return
Surrender value can easily be arrived at in such policies
Rate of return is always high in such policies
✅ The correct answer is B.
It is easy to know cash value and savings value components in a traditional plan. Cash value life insurance is a form of permanent life insurance that features a cash value savings component.
It is easy to know cash value and savings value components in a traditional plan. Cash value life insurance is a form of permanent life insurance that features a cash value savings component.