Question

How does the sales initiation impact withdrawal rates?

a.

Withdrawal rates are lower if clients themselves initiate the sales

b.

Withdrawal rates are higher if clients themselves initiate the sales

c.

Withdrawal rates are lower if sales are initiated by agents

d.

Withdrawal rates are higher if sales are initiated by agents

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (a).Withdrawal rates are lower if clients themselves initiate the sales Explanation:Withdrawal rates are typically lower if clients themselves initiate the sales, as they are more likely to understand their own needs and make informed decisions.

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Q. How does the sales initiation impact withdrawal rates?
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