____ Effectively Reallocates a Portion of an Insurance Company's Return

question 30

Multiple Choice

____ effectively reallocates a portion of an insurance company's return and risk to other insurance companies.

• A)Reinsurance
• B)Cash flow underwriting
• C)Factor insurance
• D)Universal insurance

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Definitions:

Internalize

The process of integrating beliefs, values, standards, or behaviors within oneself without external influence.

Prospective Buyers

Individuals or entities showing interest in purchasing a product or service, potentially becoming customers.

Product Feature

A characteristic or attribute of a product that is intended to offer value or solve a specific problem for the consumer.

Performance Characteristic

Features or aspects of a product or service that determine its ability to meet its intended function or user requirements.