which of the following factors is not considered when calculating premium in life assurance policy
-
expense
- mortality
- interest
- losses
The correct answer is: A
Explanation
There are several factors used to determine your life insurance premiums, including the following:
- Age. Age is probably the single primary factor that determines your life insurance premiums. ...
- Gender.
- Physical condition.
- Smoking.
- Your medical history.
- Your family's medical history.
- Occupation.