Q. What factors influence the premium rates in insurance?

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Q. What are "Office Premiums" in insurance?

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Q. What does it mean when a policy has a single premium contract?

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Q. What are the two types of rebates that life insurance companies may offer on premiums?

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Q. What are the two types of rebates that life insurance companies may offer on premiums?What does a "sum assured rebate" in life insurance typically refer to?

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Q. What does a "mode of premium rebate" in life insurance typically refer to?

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Q. What is the rationale behind offering a "rebate for sum assured" in life insurance?

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Q. Why might life insurance companies encourage customers to pay premiums on an annual or half-yearly basis by offering a rebate for the mode of premium?

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Q. What is the primary difference between rebates for sum assured and rebates for the mode of premium in life insurance?

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Q. What is the term used to describe individuals in life insurance who are not subject to any significant factors that would pose an extra risk and are charged ordinary rates?

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Q. When a person proposing for insurance has health problems that can pose a hazard to their life, they are considered:

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Q. What is the term used for an additional premium imposed by an insurer due to health problems or hazardous occupations?

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Q. What is the purpose of an extra premium in life insurance?

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Q. What are "Double Accident Benefit" (DAB) and "Permanent Disability Benefit" (PDB) examples of in life insurance?

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Q. What is the primary role of an actuary in the process of setting premiums for traditional life insurance policies?

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Q. What is "mortality" in the context of life insurance premiums?

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Q. How is the expected mortality of a person calculated in the context of life insurance premiums?

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Q. What does the term "Risk Premium" refer to in life insurance?

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Q. How does the present value of a future premium payment change with different assumed interest rates?

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Q. What is the "Net Premium" in the context of life insurance?

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