Question

4. Suggest an insurance product that is currently not available. Discuss and select the form of...

4. Suggest an insurance product that is currently not available. Discuss and select
the form of organization that could "best" be used to deliver the product to the
public. Make sure you consider cost efficiencies and the characteristics of the
exposure.

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Answer #1

Insurance specifically for pandemic is not available. Given the condition all over the world, people would be more interested in such type of insurance. This insurance can be for both medical cover as well as for any financial loss due to pandemic. It would be very easy to sell such insurance through governement as almost the whole world is now aware of the effects of pandemics on the economy as well as health. The true picture in front of the people would make it very easy to sell the policies without any advertisements.

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