Question

What is emphasized as necessary to meet the insurance needs of various segments of people?

a.

Availability of a wide range of insurance products

b.

Reduced complexity of insurance products

c.

Higher returns offered by insurance products

d.

Increased trust in insurers

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (a).Availability of a wide range of insurance products Explanation:The necessity of having a wide range of insurance products to meet the insurance needs of various segments of people.

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Q. What is emphasized as necessary to meet the insurance needs of various segments of people?
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