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All the following statements concerning claim settlements involving reinsurance agreements are correct, EXCEPT: (Read the posted lecture note Ch 16 Reinsurance_MG's Life, C 16.18) Select
All the following statements concerning claim settlements involving reinsurance agreements are correct, EXCEPT: (Read the posted lecture note "Ch 16 Reinsurance_MG's Life", C 16.18) Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. -a b C d The policyowner is not a party to the reinsurance agreement. The reinsurance agreement states that the settlement arrangement agreed to by the primary company is binding o The reinsurer pays its share of the death proceeds in a lump sum, even if the policy settlement is to be on an installr The reinsurer does not share in any savings resulting from a settlement of the contract for less than the face amount
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