AFP
CTP · Question #762
(Topic 8) In order to reduce the premiums paid to insurance companies, a company should consider retaining or self insuring for:
The correct answer is A. small or low severity losses. See the full explanation below for the reasoning.
Question
- (Topic 8)
In order to reduce the premiums paid to insurance companies, a company should consider retaining or self insuring for:
Options
- Asmall or low severity losses.
- Bhigh severity losses.
- Conly property losses but no liability losses.
- Ddirectors and officers liability losses.
How the community answered
(20 responses)- A75% (15)
- B15% (3)
- C5% (1)
- D5% (1)
Community Discussion
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