Which of the following are the disadvantage(s) of Traditional With Profit policies over ULIPs?

A. Bonuses are declared only once a year and do not reflect daily fluctuations in the value of the assets

B. Policyholder's benefits depend on assumptions/discretions of the insurance company

C. Bonus structure does not reflect the true value of assets of the insurer

D. All of the above

Answer: Option D

Solution(By Examveda Team)

Bonuses are declared only once a year and do not reflect daily fluctuations in the value of the assets, Policyholder's benefits depend on assumptions/discretions of the insurance company and Bonus structure does not reflect the true value of assets of the insurer are the disadvantages of Traditional With Profit policies over ULIPs.