Vidyalelo
Commerce · Q843

Insurance

Graduate and Post Graduate · Commerce · question 843

Q843

If Assets/Liabilities are liberally valued, it would benefit –

A.
Current policyholders
Answer
B.
Future policyholders
C.
Neither/nor current/future policyholders
D.
No impact at all on policyholder community

Answer: Option A

Solution

Answer: Option A
Solution:
If Assets/Liabilities are liberally valued, it would benefit current policyholders. Current policyholders would be benefited at the expense of future ones.