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All insurance is based on a principle called A. premium earnings. B. cash value coverage. C. investment premiums. D. division of risk.

All insurance is based on a principle called A. premium earnings. B. cash value coverage. C. investment premiums. D. division of risk.
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All insurance is based on a principle called

A. premium earnings.
B. cash value coverage.
C. investment premiums.
D. division of risk.

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User Jhylands
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8.8k points

1 Answer

5 votes
All insurance is based on a principle called division of risk,this is based on how much risk the ensurer estimates the insured's coverage to be because the riskier the opportunity ( bad health ,area the home is in)the higher the premium cost.
answered
User Macborowy
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8.3k points
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