Which of the following statements is correct about a standard risk classification in the same age group and with similar lifestyles?

Which of the following statements is correct about a standard risk classification in the same age group and with similar lifestyles?



a. standard risk pays a higher premium than a substandard risk
b. standard risk requires extra rating
c. standard risk is also known as high exposure risk
d. standard risk is representative of the majority of people


Answer: d. standard risk is representative of the majority of people-average risk

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