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  • IRDA - Life Insurance Agent (Mock - 2)
  • Risk transfer through risk pooling is called
Multiple choice

Risk transfer through risk pooling is called

  1. savings

  2. investment

  3. insurance

  4. risk mitigation

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

An insurance company keeps this reserve to meet the future obligations of the insurer. Therefore, it is called risk pooling.

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