Category: IC23 APPLICATIONS OF LIFE INSURANCE – 12

Que. 1 : Q1) Which of the following arises when there is uncertainty a financial loss from an exposure and it can be managed based on its frequency and severity?    1.  a) Changes    2.  b) Risk    3.  c) Reinsurance    4.  d) None of these Que. 2 : Q2) Which plan designs combine the features of defined benefit and defined contribution plans […]