Question

What impact do withdrawal rates have on profits in insurance?

a.

Withdrawal rates have no impact on profits.

b.

Withdrawal rates decrease profits.

c.

Withdrawal rates increase profits.

d.

Withdrawal rates impact profits and therefore the premium to be charged for the product.

Answer: (d).Withdrawal rates impact profits and therefore the premium to be charged for the product. Explanation:Withdrawal rates impact profits and therefore the premium to be charged for the product.

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Q. What impact do withdrawal rates have on profits in insurance?

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