Simone is an insurance agent and she has been dealing with Great Central Insurance Company for many years for the accident and sickness insurance she provides to her clients. Simone discovers that Great Central is increasing their premiums this year and she asks them why the premiums are going up. Which of the following CORRECTLY describes a factor which will lead to increased premiums?

a. the addition of exclusions to a policy

b. lower lapse rates

c. higher investment returns

d. lower morbidity rates

Answer rating: 100% (QA)

Solution The correct answer is C highe... View the full answer