Question
a.
They mitigate risks by providing flexibility.
b.
They increase profits by attracting more customers.
c.
They pose a danger if not priced properly, potentially leading to significant losses.
d.
They have no effect on the profitability of the product.
Posted under IC 92 Actuarial Aspects of Product Development
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Q. How do policyholder options impact the riskiness of a product?
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