Author Question: Why might the use of grades assigned by a life insurance company rating organization not be a ... (Read 131 times)

natalie2426 · **on:** Jul 11, 2018

Why might the use of grades assigned by a life insurance company rating organization not be a reliable guide for consumers?

I. There may be variations in grades given by different rating organizations.
II. They ignore factors such as profitability and quality of investments.
A) I only
B) II only
C) both I and II
D) neither I nor II

Question 2

Consumer experts typically recommend all of the following rules when buying life insurance EXCEPT

A) Consider the financial strength of the insurer.
B) Deal with a competent agent.
C) Ignore all factors other than cost.
D) Shop around for a low-cost policy.