Question

Poor health raises the rates for life insurance because

a.

There is a risk of dying during the policy

b.

It decreases number of years one is likely to pay premiums

c.

It reduces the time before which the company may have to pay a claim

d.

All of the above

Answer: (d).All of the above Explanation:As there is a risk of dying during the policy period due to poor health, the company is required to pay the claim early, and it also decreases the number of years one is likely to pay premiums.

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