Q113
Traditional cash value plans are also known as
A.
Unbundled plans
B.
Bundled plans
AnswerC.
Annuity
D.
ULIP
Answer: Option B
Solution
Answer: Option B
Solution:
Traditional cash value plans are also known as Bundled plans. Bundled plans consist of multiple types of health coverage that a consumer can purchase together, typically with one integrated premium. The plans are generally designed to complement each other, or to provide varying benefits.