Vidyalelo
Commerce · Q339

Insurance

Graduate and Post Graduate · Commerce · question 339

Q339

Who devised the concept of HLV?

A.
Dr. Martin Luther King
B.
Warren Buffet
C.
Prof. Hubener
Answer
D.
George Soros

Answer: Option C

Solution

Answer: Option C
Solution:
Dr. Huebner is known widely as "the father of insurance education." He originated the concept of "human life value", which became a standard method of calculating insurance value and need.