Both PC and life insurance companies have to deal with liability runs by policyholders seeking to cash out their policies before maturity.

Name: Both PC and life insurance companies have to deal with liability runs by policyholders seeking to cash out their policies before maturity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Both PC (property and casualty) insurance companies and life insurance companies have to manage liability runs, which occur when policyholders attempt to withdraw their policies before maturity.

Both PC and Life Insurance Companies Have to Deal with Liability