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  • IRDA - GIC Agent Mock - 3
  • Which of the following elements is/are important in compu...
Multiple choice

Which of the following elements is/are important in computation of premium?

  1. Mortality

  2. Expenses of management

  3. Expected yield on its investment

  4. All of the above

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

There are three important elements in the computation of premium. They are mortality, expenses of management and expected yield on its investment.

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