Question

Which statement doesn't apply to REIX as well as self insurance program?

A) Premiums are not affected by whether events or natural disasters
B) The profession operates the program and reviews the claims
C) The program covers claims for commissions related to trades
D) The program has some coverage exclusions related to trades

Answer 1

The program covers claims for commissions related to trades.

Step-by-step explanation:

The statement that doesn't apply to REIX as well as a self-insurance program is C) The program covers claims for commissions related to trades. Both REIX and a self-insurance program do not cover claims for commissions related to trades.

REIX stands for Real Estate Investment Trust Index and is a stock market index that tracks the performance of publicly traded real estate investment trusts. REIX and a self-insurance program have similar characteristics, such as premiums not being affected by events or natural disasters and the profession operating the program and reviewing claims. However, the coverage exclusions may be different.