Question: 5 Expense Loading is defined as: b. Amount needed to pay all expenses, including commissions, G&A Expenses, state premium taxes, acquisition expenses, and an allowance
5 Expense Loading is defined as: b. Amount needed to pay all expenses, including commissions, G&A Expenses, state premium taxes, acquisition expenses, and an allowance for contingencies and profit Pays death benefits to beneficiaries when the insured dies Creates a new speculative risk Covers medical expenses because of sickness or injury d
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