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What role does the insured's profession play in determining life insurance premiums?a)Profession has no impact on life insurance premiums.b)Insurance companies charge higher premiums for certain high-risk professions.c)All professions are charged the same premium rate.d)Insurance companies charge lower premiums for all professions.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What role does the insured's profession play in determining life insurance premiums?a)Profession has no impact on life insurance premiums.b)Insurance companies charge higher premiums for certain high-risk professions.c)All professions are charged the same premium rate.d)Insurance companies charge lower premiums for all professions.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What role does the insured's profession play in determining life insurance premiums?a)Profession has no impact on life insurance premiums.b)Insurance companies charge higher premiums for certain high-risk professions.c)All professions are charged the same premium rate.d)Insurance companies charge lower premiums for all professions.Correct answer is option 'B'. Can you explain this answer?.

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