• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Distribution Channel

A

Anaayaa Khemka

Member
How the choice of distribution channel can affect contract pricing ?

please explain.
 
How the choice of distribution channel can affect contract pricing ?

please explain.
The choice of distribution channel will likely vary by cost. For example, selling insurance via the internet could be cheaper than employing a salesman to sell insurance on the doorstop.

This cost will need to reflected in the premium the insurance company will charge.
 
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