facebookWhy is the distribution cost is not included in BI of personal accident plan? - Seedly

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Anonymous

18 Apr 2019

Insurance

Why is the distribution cost is not included in BI of personal accident plan?

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Luke Ho

18 Jun 2018

Founder and Director at CFX Money Maverick Pte Ltd

Because the distribution costs referred to in par products or ILPs are in reference to the fund management fee charges (trailer fees etc) and not like, literally distribution such as advertising or the like. All financial products regulated in this manner can and must only declare their costs in this manner.

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