Question

What concerns do policyholders typically have regarding insurance contracts?

a.

Whether the insurers are financially capable of meeting the claim commitments

b.

Whether the insurers offer discounts on premiums

c.

Whether the insurers provide investment advice

d.

Whether the insurers offer free gifts with insurance purchases

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (a).Whether the insurers are financially capable of meeting the claim commitments Explanation:Policyholders are concerned about whether insurers are financially capable of meeting the claim commitments.

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Q. What concerns do policyholders typically have regarding insurance contracts?
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