SOA Exam P Sample Question 182
Study guide: Exam P-1
An insurance agent's files reveal the following facts about his policyholders:
- (i) 243 own auto insurance.
- (ii) 207 own homeowner insurance.
- (iii) 55 own life insurance and homeowner insurance.
- (iv) 96 own auto insurance and homeowner insurance.
- (v) 32 own life insurance, auto insurance and homeowner insurance.
- (vi) 76 more clients own only auto insurance than only life insurance.
- (vii) 270 own only one of these three insurance products.
Calculate the total number of the agent's policyholders who own at least one of these three insurance products.
- A) 389
- B) 407
- C) 423
- D) 448
- E) 483
Answer this question and see the worked solution