Category: IC92 ACTUARIAL ASPECTS – 13

Que. 1 : Q1) The main reason to offer _____________ is to quote a more accurate insurance premium for the group.    1.  a) Retrospective Experience Rating    2.  b) Prospective Experience Rating    3.  c) Profit sharing formula    4.  d) Free cover limit Que. 2 : Q2) What is a contract under which level payments are made until the survival of the policyholder […]