Honesty is ethical pillar of insurance

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Reference no: EM132156049

True or False

1. Ethics involves the rules, values, standards and principles that guide our actions in day-to-day issues.

2. Ethics is a derivitive of the Greek words ethikos (moral) and ethos (character).

3. Ethics may be approached from at least three points of view.

4. Every individual is a product of their past.

5. Ethics is what people believe in, Values are what people do.

6. Honesty is an ethical pillar of insurance.

7. There are many situations which may be legal, but are not necessarily ethical.

8. The Platinum rule states "do unto others as you would have them do unto you".

9. Statistics show that one out of ten employees in the insurance industry is aware of at least one ethical violation over the past two years

10. One of the ethical pillars of insurance is trust.

Reference no: EM132156049

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