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Which of the below is not an advantage of cash value insurance contracts?

A. Safe and secure investment

B. Inculcates saving discipline

C. Lower yields

D. I.T. advantages

Answer: Option C

Solution(By Examveda Team)

Lower yields is not an advantage of cash value insurance contracts. Cash value insurance is permanent life insurance because it provides coverage for the policyholder's life. Traditionally, cash value insurance has higher premiums than term insurance because of the cash value element.

This Question Belongs to Commerce >> Insurance

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