Chapter 5, 6, 7 and 8 Life, Health and General insurnace Flashcards

1
Q

Role of state as benefit provider

A

DEERP

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2
Q

Reasons for employer benefits

A

MMEC FLAP

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3
Q

Reason for individual benefit providers

A

CPS

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4
Q

Considerations in general insurance

A

PUN TRIP

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5
Q

Reasons for poor sales of insurance products:

A

DisCEM GAP

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6
Q

Factors to consider for health care products

A

MOISt / MIP

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7
Q

Considerations when comparing health insurance with medical aids

A

WHUE

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8
Q

Aspects distinguishing healthcare from other benefits providers:

A

PIRI

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9
Q

Risks in General insurance

A

CAROLINE C

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10
Q

Factors determining the riskiness of the class of business:

A

VolVolTRL

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11
Q

Factors an insurer should consider when taking on new business

Factors to keep in mind when discussing new insurance products

A

SLARPHACAN

CARCEEN

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