Which of the Following Statements Is not Correct About the Insurance

question 6

Multiple Choice

Which of the following statements is not correct about the insurance premium?

• A) The forecast of policyholders' losses is the starting point for the calculation of the risk premium for an insurance policy.
• B) The fair rate of return, which is a part of the insurance premium, is governed by law.
• C) Loading expenses increases the insurance premium.
• D) Most investment income of insurance companies comes from low risk investments, which reduces the insurance premium.

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EEOC Lawsuit

Legal action initiated based on a complaint of discrimination (regarding race, gender, age, disability, etc.) filed with the Equal Employment Opportunity Commission.

Educational Achievements

The accomplishments or qualifications obtained through formal schooling or training.

Previous Employment

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Distortions and Inaccuracies

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