Question 4025 of 303 · California Life-Only Agent Exam
Which of the following best describes an insurer's mortality assumption?
Exactly one answer is correct.
You got of questions right. Here on the question pages nobody remembers which ones you got wrong. The trainer saves your progress and asks the mistakes again until they stick.
Or free: the 10 questions most people get wrong
Show solution
Correct answer to question 4025
- B: The expected death rate of a group of insureds at a given age
Explanation
Mortality refers to the incidence of death in a group. Together with interest and expenses it determines the premium.
More questions: Life Insurance Basics
- 4026Insurable interest in life insurance is required to prevent
- 4027An employer typically has an insurable interest in
- 4028Life insurance proceeds paid to a named beneficiary generally
- 4029An insured purchases a policy and names a trust as beneficiary. This is an example of
- 4030Which of the following needs does life insurance commonly address?
- 4001In a life insurance policy, the person whose death triggers the death benefit is the