MCQOPTIONS
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MCQOPTIONS
| 1. |
Select the True Statements. |
| A. | The Typical Loading to a Net Premium, would have 3 Parts: 1) A Constant Amount for Premiums, 2) A Constant Amount for Each 1,000 Sum- Assured , and 3) A Constant Amount per Policy. |
| B. | The Typical Loading to a Net Premium, would have 3 Parts: 1) A Percentage of Premiums, 2) A Constant Amount for Each 1,000 Sum- Assured , and 3) A Constant Amount per Policy. |
| C. | The Typical Loading to a Net Premium, would have 3 Parts: 1) A Percentage of Premiums, 2) A Constant Percentage for Each 1,000 Sum-Assured , and 3) A Constant Amount per Policy. |
| D. | The Typical Loading to a Net Premium, would have 3 Parts: 1) A Percentage of Premiums, 2) A Constant Amount for Each 1,000 Sum- Assured , and 3) A Percentage Amount per Policy. |
| Answer» C. The Typical Loading to a Net Premium, would have 3 Parts: 1) A Percentage of Premiums, 2) A Constant Percentage for Each 1,000 Sum-Assured , and 3) A Constant Amount per Policy. | |