Which of the following is a primary reason that insurance consumers are not well-informed?
A) insurers have not made much effort to inform consumers
B) the rewards of making informed decisions are not worth the cost of obtaining the needed information
C) state insurance regulators do not provide the needed information
D) insurance prices are so low that most consumers do not care to be informed
Correct Answer:
Verified
Q1: Choose the true statement.
A) FAIR plans were
Q3: Prior to September 11, 2001, property insurance
Q4: Stare decisis means:
A) to stand by decisions
B)
Q5: In most states the insurance commissioner is:
A)
Q14: All the following are true concerning FAIR
Q15: One of the reasons higher prices will
Q16: All of the following firms provide financial
Q19: Mr.Murray has asked you to help him
Q51: Finding the lowest price is the first
Q56: The main thrust of state insurance regulation
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