Which of the below is not a factor in determining life insurance premium?

Mortality
Rebate
Reserves
Management expenses

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 2

Rebate is not a factor in determining life insurance premium. Rebate is a portion of the agent's commission returned to an insured or anything else of value given an insured as an inducement to buy.

5 views Answered 2022-09-01 13:21

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