Question

Which of the following is NOT a factor considered in choosing withdrawal rates?

a.

Type of product

b.

Competitive situation of the product

c.

Size of premium

d.

Surrender value at maturity

Answer: (d).Surrender value at maturity Explanation:Surrender value at maturity is not a factor considered in choosing withdrawal rates in insurance.

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Q. Which of the following is NOT a factor considered in choosing withdrawal rates?

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