How do insurers predict the increase of individual risks?

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How do insurers predict the increase of individual risks?

A) Law of large numbers
B) U.S. Census
C) Average mortality incidents
D) Experience of morbidity

Answer: A) Law of large numbers

Nature of Insurance

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The voluntary relinquishment of a legal right is called
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Circulating deceptive sales material to the public is what type of Unfair Trade Practice?
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What is the purpose of establishing the target premium for a universal life policy?
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