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Insurance companies typically do not sell term-life insurance policy for people over the age of 80, and it is mainly because which of the following
Insurance companies typically do not sell term-life insurance policy for people over the age of 80, and it is mainly because which of the following requirements of an insurable risk is NOT met?
| Calculable chance of loss |
| Economically feasible premium |
| Accidental and unintentional loss |
| Determinable and measurable loss |
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