Actuarial Notes

Exam DISC-RM Practice Question 234

Study guide: Exam DISC-RM

An insurer offers its commercial policyholders loss control surveys and safety training at no separate charge. Which reason is most consistent with the insurer's own interests?

  • A) Improving the accounts it writes lowers their losses and helps it keep good accounts
  • B) Risk control services let it charge every account the same rate whatever its hazards
  • C) Insurers must provide risk control to every policyholder in every jurisdiction
  • D) Risk control replaces the need for underwriters to evaluate submissions

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