Question

What is the primary issue with the transparency of cash and surrender values in traditional life insurance products?

a.

Transparency in determining surrender values

b.

Lack of control by the life insurer

c.

Transparent calculation method for cash value

d.

Method of arriving at values set by the life insurer and not transparent

Answer: (d).Method of arriving at values set by the life insurer and not transparent Explanation:The primary issue is that the method for arriving at cash and surrender values is set by the life insurer and is not transparent.

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Q. What is the primary issue with the transparency of cash and surrender values in traditional life insurance products?

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