RISK AND INSURANCE QUESTIONS WITH
CORRECT ANSWERS 2025
MoralsW-WCORRECTWANSWERW-MakingWdistinctionWbetweenWrightWandWwrong
LawsW-WCORRECTWANSWERW-LegalWtenants
EthicsW-WCORRECTWANSWERW-
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5.WParticipationWinWanWAssociationWorWaWSociety
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HighWEthicalWStandardsW-WCORRECTWANSWERW-
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ProfessionalWCompetenceW-WCORRECTWANSWERW-
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onalWtrainingWandWjobWexperience
AltriusmW-WCORRECTWANSWERW-UnselfishWconcernWforWtheWwelfareWofWothers
, MaintainingWHighWEthicalWStandardsW-WCORRECTWANSWERW-1.WRegulatoryWRequirements
2.WSocialWResponsibilityW
3.WEconomicWOutcomes
RegulatoryWRequirementsW-WCORRECTWANSWERW-
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impactedWbyWrulingsWandWinterpretationsWofWtheWcourts
SocialWResponsibilityW-WCORRECTWANSWERW-
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alWandWsustainedWgrowth
EconomicWOutcomesW-WCORRECTWANSWERW-BetterWreputationsW-
WbetterWrecruitingWandWskilledWemployees
EthicalWResponsibilityWtoWGroupsW-WCORRECTWANSWERW-1.WInsurers
2.WPolicyholders
3.WTheWPublic
InsurersW-WCORRECTWANSWERW-
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WandWresultsWinWaWclaim