Are you looking for the correct answer to the question “There are four basic components of an insurance premium. Which of the following is not one of those components?”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.
There are four basic components of an insurance premium. Which of the following is not one of those components?
A) Losses suffered by the members of the insurance pool
B) Law of large numbers
C) An allowance for unexpected losses
D) Earnings on investments
Answer: B
The above question There are four basic components of an insurance premium. Which of the following is not one of those components?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
