n NISM Certifications
NSM General NISM
Medium

Why is it difficult to ascertain the rate of return on traditional policies?

Practice question from IC 38 Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Benefits under “With Profit policies” can be known only at contract end

    Correct answer

  2. B

    Benefits under “With Profit policies” are known upfront

  3. C

    Traditional policies don’t provide any returns

  4. D

    Returns are only provided after the policyholder dies

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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