Are you looking for the correct answer to the question “BJI is a surplus lines insurer offering coverage to bungee jumpers. When MITU Insurance decides it wants to offer a similar coverage policy, charging a premium that is three times that of BJI’s, and BJI must subsequently stop offering coverage, what type of insurer is MITU?”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
BJI is a surplus lines insurer offering coverage to bungee jumpers. When MITU Insurance decides it wants to offer a similar coverage policy, charging a premium that is three times that of BJI’s, and BJI must subsequently stop offering coverage, what type of insurer is MITU?
Options
a. Excess Lines
b. Private
c. Acknowledged
d. Admitted
Answer: D
The above question BJI is a surplus lines insurer offering coverage to bungee jumpers. When MITU Insurance decides it wants to offer a similar coverage policy, charging a premium that is three times that of BJI’s, and BJI must subsequently stop offering coverage, what type of insurer is MITU?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
