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    Business
  3. Study Set
    Risk Management and Insurance
  4. Exam
    Exam 5: Insurance Terminology and Policies
  5. Question
    The Reason for Charging Level Premium Is _______
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The Reason for Charging Level Premium Is _______

Question 10

Question 10

Multiple Choice

The reason for charging level premium is _______


A) risk increases as age increases
B) it is convenient to the policyholders
C) it is convenient to the insurer
D) all the above reasons

Correct Answer:

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