Q315
Which actuarial aspect(s) are taken into account while fixing the premium?I. MortalityII. Interest assumptionIII. Office expenses
A.
Only I
AnswerB.
Only I and II
C.
Only I, II and III
D.
Only II and III
Answer: Option A
Solution
Answer: Option A
Solution:
Mortality is taken into account while fixing the premium.