The correct answer is D. Rate of return is not easy to ascertain.
Traditional life insurance products are designed to provide a death benefit to your beneficiaries in the event of your death. They also typically have a cash value component that can be accessed during your lifetime. However, the rate of return on this cash value component is not guaranteed and can fluctuate over time. This can make it difficult to determine how much money you will have in your policy at retirement.
Option A is incorrect because yields on traditional life insurance products are typically low. This is because the primary purpose of these products is to provide a death benefit, not to generate investment returns.
Option B is incorrect because there is no clear and visible method of arriving at surrender value. The surrender value of a traditional life insurance policy is the amount of money you will receive if you cancel your policy before you die. This amount can vary depending on a number of factors, including the age at which you cancel your policy, the type of policy you have, and the current interest rates.
Option C is incorrect because the cash and savings value component of a traditional life insurance policy is not well defined. The amount of money in this component can vary depending on a number of factors, including the age at which you die, the type of policy you have, and the current interest rates.
In conclusion, the rate of return on traditional life insurance products is not easy to ascertain. This is because the primary purpose of these products is to provide a death benefit, not to generate investment returns. The surrender value of a traditional life insurance policy can also vary depending on a number of factors, and the cash and savings value component of these policies is not well defined.