1. Why is it important to review existing policies before shopping for new coverage?

2. What are the advantages and disadvantages of different types of insurance intermediaries from the perspective of a policyholder?

3. Why would a policyholder want to have a policy with a high deductible?

The initial response (original post) must include at least 3 citations from any additional related scholarly journal (e.g., The Journal of Risk and Insurance, Journal of Insurance Regulation, Journal of Financial Counseling and Planning) or related trade publication (e.g., The Journal of Financial Planning, AFCPE: The Standard, Insurance Journal Magazine).

Answer rating: 100% (QA)

1 Reviewing existing policies before shopping for new coverage is essential to avoid duplication of coverage identify gaps in coverage and ensure cost... View the full answer