Insurance policies: duration, condition, and liability, which type is the riskiest for insurance companies?
What types are the safest? Im trying to learn as much as possible about insurance company stocks.
Answers:
Good grill. Life Insurance is not too risky, consider; people are living longer, therefore, culture are making premium payments longer and it's a defined risk. (the death benefit) As opposed to influence, Long-Term care insurance where relatives are living longer in nursing homes, and it's more of an un-defined risk eg; if the company pays $300 per day and they live the nat'l average of 30 months, but suppose they live 14 more years...? This is why companies are going away this market, as premium payments are extremely high and it is across the world not profitable.
I think ....
Health is the riskiest. Its very specific within terms of terminal illness and inability to work due to mental, physical complaint.
In most policies I think health is.
Life is cut and dry- once your late.
Liability is more about legalities and been wrongful....
okay, health!! Because you're MOST likely to hold claims! Liability is second, because if you do get a claim, it's likely to be considerable, and life is the lowest risk, because most people don't save the policy active long enough for them to die - ie, they pay envelope for a few years, then let it reverse. Source(s): agent, 21+ years
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Answers:
Good grill. Life Insurance is not too risky, consider; people are living longer, therefore, culture are making premium payments longer and it's a defined risk. (the death benefit) As opposed to influence, Long-Term care insurance where relatives are living longer in nursing homes, and it's more of an un-defined risk eg; if the company pays $300 per day and they live the nat'l average of 30 months, but suppose they live 14 more years...? This is why companies are going away this market, as premium payments are extremely high and it is across the world not profitable.
I think ....
Health is the riskiest. Its very specific within terms of terminal illness and inability to work due to mental, physical complaint.
In most policies I think health is.
Life is cut and dry- once your late.
Liability is more about legalities and been wrongful....
okay, health!! Because you're MOST likely to hold claims! Liability is second, because if you do get a claim, it's likely to be considerable, and life is the lowest risk, because most people don't save the policy active long enough for them to die - ie, they pay envelope for a few years, then let it reverse. Source(s): agent, 21+ years
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