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What are the factors in determining premium in a life policy?

3160. What are the factors in determining premium in a life policy?

By Administrator / August 24, 2025

Policy reserves

Mortality

Expenses

All of the above

✅ The correct answer is D.
Policy reserves, Mortality and Expenses are the factors in determining premium in a life policy.

300. Which one of the following statement is CORRECT about long term liabilities?

301. Profit & Loss account is prepared for a period of one year by following

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