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i. How far is Bailey's principle of investment suitable to modern life insurance? Example. ii. What are the factors affecting the longevity of a person
i. How far is Bailey's principle of investment suitable to modern life insurance? Example.
ii. What are the factors affecting the longevity of a person in the premium calculation for life
insurance?
iii. What are the key differences between pure endowment and ordinary endowment?
iv. "Insurance business is not a gambling"- Explain.
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