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storchak [24]
3 years ago
8

What is the underlying concept regarding level premiums?

Social Studies
1 answer:
HACTEHA [7]3 years ago
4 0
I believe the answer is: <span>The early years are charged more then what is needed

The insurance companies create this policy in order to increase the commitment level of the insurance buyer and  minimize the risk that they have to face in the future in case the insurance could be claimed by the insurance holders.</span>
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