All of the Following Statements About the Online Insurance Industry

question 60

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) the wave of interest in fintech companies has not yet reached the insurance industry.
• D) the industry has been very successful in attracting visitors searching for information about prices and terms of insurance policies.

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Definitions:

Society

A community of people living together in an ordered community, sharing customs, laws, and organizations.

Fundamentalist

A person who believes in the strict, literal interpretation of religious texts or doctrines, often associated with conservative or reactionary viewpoints.

Sexist Practices

Behaviors, policies, or attitudes that discriminate against people based on their sex or gender, typically by favoring one gender over the other.

Faiths

Systems of religious beliefs, practices, and spiritual commitments held by individuals or communities.