Question

Retention limits would be lower for high risk plans and higher for low risk plans. High risks would be on account of which of the following?

a.

Standard lives

b.

Sub-standard lives

c.

Savings plans

d.

None of the above

Answer: (b).Sub-standard lives Explanation:High risks would be on account of sub-standard lives. The other options are incorrect.

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Q. Retention limits would be lower for high risk plans and higher for low risk plans. High risks would be on account of which of the following?

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