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IIA

IIA-CFSA · Question #442

Traditionally, insurance is paid:

The correct answer is A. Continually, meaning that an even amount accrues during the period of insurance coverage. See the full explanation below for the reasoning.

Question

Traditionally, insurance is paid:

Options

  • AContinually, meaning that an even amount accrues during the period of insurance coverage
  • BIn periodic payments
  • CWith a whole sum in the start and continuous
  • DNone of these

How the community answered

(25 responses)
  • A
    76% (19)
  • B
    12% (3)
  • C
    8% (2)
  • D
    4% (1)

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