Which of the following statements about the risk charge is correct?

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Which of the following statements about the risk charge is correct?

A) The Risk Charge represents how much an insurance company should charge for people not paying their insurance premium.

B) The Risk Charge can only be calculated when the probability distribution is normal.

C) The Risk Charge is what is added to and subtracted from the Estimated Mean to get to the Confidence Interval.

D) All of the above are incorrect.

Answer: C

The above question Which of the following statements about the risk charge is correct?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.

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