-1
Which of the following is not an element of the life insurance business?
- AAsset
- BRisk
- CPrinciple of mutuality
- DSubsidy
Correct answer: D
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CCommunity
Subsidy
Subsidy is not an element of the life insurance business. A subsidy or government incentive is a form of financial aid or support extended to an economic sector generally with the aim of promoting economic and social policy.
Subsidy is not an element of the life insurance business. A subsidy or government incentive is a form of financial aid or support extended to an economic sector generally with the aim of promoting economic and social policy.
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CCommunity
Option (D)