1. 

   Phani Vasantarao Very Active Member

   Why does chapter 28 look at persistency and renewals seperately? Aren't they the same thing?

    

   Phani Vasantarao, Mar 16, 2017

   #1
2. 

   Sarah Byrne ActEd Tutor Staff Member

   Hi Phani
   
   Renewals are relevant for short-term insurance such as group cover or PMI. Persistency is more generally used for long-term products. However, if you did mention persistency for PMI, as long as you were discussing relevant points, the examiners should know what you mean
   
   Sarah

    

   Sarah Byrne, Mar 20, 2017

   #2

   Phani Vasantarao likes this.
3. 

   Phani Vasantarao Very Active Member

   Thank you Sarah, that's very helpful

    

   Phani Vasantarao, Mar 28, 2017

   #3

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