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Today General Knowledge(GK)
The reason for charging level premiums is
A)
Risk increases as age increases
B)
The reason for charging level premiums is
C)
It is convenient to the insurer
D)
All of the above

Correct Answer : Option (D) - All of the above



The reason for charging level premiums is Risk increases as age increases, it is convenient to the policyholder and it is convenient to the insurer.

Published On : June 1, 2021
Category : Insurance and Finance
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