Question
a.
Sales strategy
b.
Benefit structure and product design
c.
Premium payment options
d.
Agent compensation structure
Posted under IC 92 Actuarial Aspects of Product Development
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Q. What is the main factor determining the financial significance of withdrawal risk in insurance?
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Q. How can withdrawal risk be primarily controlled in insurance?
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Q. What approach can be used to incentivize agents to promote persistency?
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Q. How can insurance companies encourage regular premium payments?
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Q. Which statement accurately describes persistency in life insurance policies?
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Q. How are withdrawal rates related to persistency rates?
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Q. What impact do withdrawal rates have on profits in insurance?
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Q. What is withdrawal risk in insurance?
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Q. How is withdrawal risk mainly controlled in insurance?
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Q. If actual profits from withdrawal are more than the expected profit without withdrawals, then this policy will impact profit…..
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Q. Which of the following is a factor to determine the rate of withdrawal?
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Q. Credibility analysis is never used for the calculation of withdrawal rates:
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Q. Which of the following is not dependent on withdrawal rates?
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