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Question: _________ is pricing of insurance products driven by market forces.

Options:

  1.  Tariffing
  2.  De-tariffing
  3.  Equilibrium pricing
  4.  Fixed pricing

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1 Answer

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Best answer

2. De-tariffing

De-tariffing is pricing of insurance products driven by market forces.


More information:

De-tariffing allows insurance companies to fix the premiums for the insurance products based on the consumer's risk behaviour and own analysis & perception of the risk involved.

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