Question
a.
Generate profits for insurance companiesAnnual statement
b.
Create a fund to pool contributions of policyholdersPremium receipt
c.
Provide tax advantages to policyholdersPolicy document
d.
Guarantee fixed returns on life insurance policiesDeclaration of insurability
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Q. The principle of risk pooling in life insurance primarily serves to:Which document serves as evidence of the life insurance contract and contains all the terms and conditions of...
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