Actuarial Notes

CAS Exam 6C Spring 2019, Question 9

Study guide: Exam 6C

Part a (0.5 points)

Briefly describe two advantages of bundling flood insurance with other coverages.

Part b (1 point)

Other than optional vs. bundled coverage, identify four considerations in the financial management of flood risk.

Part c (2 points)

Describe four preconditions for establishing a strong flood risk management culture.

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Concepts tested

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