An insurance company does not violate its covenant of good faith and fair dealing if it:
a. Charges elderly customers higher premiums than it charges younger customers.
b. Tells potential customers that their premiums will decline when that is not true.
c. Tells potential customers that their returns on a whole life policy are certain to be higher than an equivalent amount invested in the stock market.
d. Refuses to pay a valid claim until after four years of litigation.
e. Refuses to accept a settlement offer on behalf of an insured that was reasonable, but not in the company's best interest.
.D
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A company introduced the Funday film to compete with lower-priced brands, but it found many of its regular customers bought Funday instead of its usual, higher-priced film. The company experienced ________
A) an upward line stretch B) a product line contraction C) disintermediation D) cannibalization E) filling in
One dimension of an intractable conflict is ________-the degree to which the conflict invades the social and private lives of people.
Fill in the blank(s) with the appropriate word(s).
Product placement in television programs and movies is an example of ________
A) branded entertainment B) user-generated content C) search marketing D) networking E) out-of-home advertising.
The basic principal of capital budgeting is that ________ with a positive adjusted net present value should be accepted by the firm
A) projects B) investments C) all cash flows D) accounts receivable