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(T/F) A company may use favorable RBC ratios in its promotional advertisements as a way to distinguish itself from other insurers.

User Cathryn
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Final answer:

Yes, a company may use favorable RBC ratios in its promotional advertisements to distinguish itself from other insurers.

Step-by-step explanation:

The statement is true. A company may use favorable RBC (Risk-Based Capital) ratios in its promotional advertisements as a way to distinguish itself from other insurers.

RBC ratios are calculated using a formula that compares a company's capital to its risk exposure. It is a measure of the company's financial stability and ability to cover potential losses.

By highlighting a high RBC ratio in their advertisements, insurers can convey a sense of security and reliability to potential customers, setting themselves apart from competitors with lower ratios.

User Matt Zafeiriou
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