Question

What does a reinsurance treaty mainly cover?

a.

Basic death benefits

b.

Underwriting philosophy

c.

Dispute resolution methodology

d.

All of the above

Answer: (d).All of the above Explanation:A reinsurance treaty mainly covers provisions and conditions related to different types of reinsurance, liabilities of the reinsurers in case of claims, policy terminations, changes or increases in risk classification, reinstatements, additional policy benefits, claim-related matters, errors and omissions clause, dispute resolution methodology, forms, manuals, guidelines, and underwriting philosophy.

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Q. What does a reinsurance treaty mainly cover?

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