How many relationships can an account have with a policy?

The correct answer is that an account can have one or more relationships with a policy. In the context of insurance and systems like Guidewire, an account typically represents a holder of one or more policies. This means that a single account can be associated with multiple policies, reflecting various coverages or insurance products that the account holder has purchased.

For instance, an individual might have a home insurance policy, an auto insurance policy, and a life insurance policy all linked to the same account. This flexibility in defining relationships allows for a comprehensive view of the account's interactions and obligations with the insurance provider. This capability is essential for effective customer relationship management and for providing tailored services to clients based on their needs and policy holdings.