Why is it more difficult to choose a good life insurance policy than to choose a good auto insurance policy?
A) People don't like thinking about death or dying, and thus cannot be objective in the selection process.
B) Most people rarely need life insurance, while auto insurance is required by law.
C) Life insurance policies are not standardized, while many non-life policies are.
D) Both B and C are correct.
Correct Answer:
Verified
Q26: Insurance regulators:
A) make the insurance market more
Q27: Why do regulators care whether high-risk drivers
Q28: CPCU stands for:
A) Certified Property and Casualty
Q29: CLU stands for:
A) Chartered Life Underwriter
B) Casualty
Q30: When choosing the right amount of life
Q32: A lack of insurance for high-risk drivers:
A)
Q33: Which of the following statements about joint
Q34: Consumers that have done some research to
Q35: Moody's Investors Service provides what type of
Q36: Which of the following statements about FAIR
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