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Illustrate the Principle of Pooling, in Relation to Insurance

Question 23

Multiple Choice

Illustrate the Principle of Pooling, in Relation to Insurance.


A) Gathering the People, Having Similar Assets, and Exposed to Similar Risks.
B) Gathering the People, Having Different Types of Assets, and Exposed to Different Risks.
C) Gathering the People, Having Similar Types of Assets, but Exposed to Different Risks.
D) Gathering the People, Having Different Types of Assets, but Exposed to Similar Risks.

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