Q773
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
AnswerD.
None of the above
Answer: Option C
Solution
Answer: Option C
Solution:
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.