Question: A persistency factor is best described as theSelect one:O a. tendency of policy owners to renew the contract of insuranceb. ability of the group policy
A "persistency" factor is best described as theSelect one:O a. tendency of policy owners to renew the contract of insuranceb. ability of the group policy owner to have premiums decrease over time through negotiations with the insurerc. group insured insisting that a claim is paidd. legal authority of the insurer to require proof of a loss
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