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

Question

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

Standard lives
Preferred risks
Sub-standard lives
Declined lives

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 1

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.

4 views Answered 2022-09-01 13:21