Brand Mock 3 Flashcards
The improvements in mortality rates over the last 30 years has led to more aggressive underwriting processes which result in more lives being
A. rated
B. declined
C. accepted at lower rates
D. accepted at normal rates
Changes in society have meant that attitudes to insurance have changed too. The key background drivers to this change in attitude would NOT include
A. The UK Welfare state
B. Technical developments
C. The growth of consumerism
D. An increase in client’s affordability
C?
Protection against an inheritance tax liability may be beneficial for what reason?
A. Estates over the value of the NRB are charged on an increasing scale
B. Unused allowances of spouses are lost
C. Executors are liable for paying any IHT before the estate is distributed
D. Transfer between spouses are only exempt up to the value of the NRB
C
