BCP (Set2)

SGD 29.90

6 Feb 2020

BCP Exam Question

What is the most effective method of reinsurance, that an insurer can use, to protect itself against an aggregate of various small losses, but for which can be cumulatively substantial?

a) Surplus Treaty

b) Quota Share Treaty

c) Proportional Facultative

d) Excess of Loss Ratio Treaty

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  • BCP (Set1)

    SGD 29.90 Add to cart

    6 Feb 2020

    BCP Exam Question

    Which of the following is a method used to ensure that an insured person does not get more than an indemnity by claiming for the same loss or damage from two insurance policies?

    a) Subrogation.

    b) Sublet.

    c) Right of Lien.

    d) Assignment.