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a) If the stock of a businessman is fluctuating in nature, it will be better to purchase two policies. Do you agree with the statement?

a) If the stock of a businessman is fluctuating in nature, it will be better to purchase two policies. Do you agree with the statement? Justify your opinion. (-2 mark)

b)Insurance is neither a gambling nor a charity. Give arguments in favor of the statement (2-mark)

c) Why is calculation and selection of risk important in life insurance?-(2 mark)

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