Question

Why is stiff competition amongst insurers necessitating customised underwriting rules?

a.

To make products harder to market

b.

To make them less customer-friendly

c.

To make them more customer-friendly

d.

To increase premium rates

Answer: (c).To make them more customer-friendly Explanation:Stiff competition amongst the insurers to make their products easy to market is necessitating customised underwriting rules to make them customer-friendly.

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Q. Why is stiff competition amongst insurers necessitating customised underwriting rules?

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