Under risk classification, _________ consist of those whose anticipated mortality corresponds to the standard lives represented by the mortality table.

Under risk classification, _________ consist of those whose anticipated mortality corresponds to the standard lives represented by the mortality table. Correct Answer Standard lives

Under risk classification, Standard lives consist of those whose anticipated mortality corresponds to the standard lives represented by the mortality table. Mortality tables are the most important basis for charging the premium.

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Sum of market risk and diversifiable risk are classified as total risk which is equivalent to