Solved

Several Retrospective Plans with Various Minimum and Maximum Premium Stipulations

Question 57

Multiple Choice

Several retrospective plans with various minimum and maximum premium stipulations are available.If you are conservative with respect to risk, you will prefer:


A) a low minimum and a low maximum limit for premium payment.
B) a high minimum and a low maximum limit for premium payment.
C) a low minimum and a high maximum limit for premium payment.
D) a high minimum and a high maximum limit for premium payment.
E) not to opt for a retrospective plan.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents