All of the Following Statements About the Online Insurance Industry

question 30

Multiple Choice

All of the following statements about the online insurance industry are true except:

• A)the Internet has lowered search costs, increased price comparison, and decreased prices to consumers for all forms of insurance.
• B)websites of almost all the major firms provide the ability to obtain an online quote.
• C)According to comScore, the online channel is consumers' preferred method for shopping for auto insurance policies.
• D)the industry has been very successful in attracting visitors searching for information.

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Definitions:

Aflatoxin

A group of toxins produced by certain fungi, which are found on agricultural crops such as maize, peanuts, cottonseed, and nuts, and are highly carcinogenic.

Penicillin

A type of antibiotic derived from Penicillium fungi, effective against many bacterial infections by inhibiting cell wall synthesis.

Candida

Candida refers to a genus of fungi that includes several species, some of which can cause infections in humans, known as candidiasis, particularly in immunocompromised individuals.

Claviceps

A genus of fungi known for infecting grains and producing toxic alkaloids, notably causing ergotism when consumed by humans and animals.