Life insurance companies use objective probability to determine how many policyholders might die in any given year.

Name: Life insurance companies use objective probability to determine how many policyholders might die in any given year.
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Life insurance companies use actuarial science and statistical analysis to determine the probability of death for policyholders, which is an objective measure of risk. This helps them set premiums and ensure they have enough funds to pay out claims.

Life Insurance Companies Use Objective Probability to Determine How Many