Quality Insurance Company provides life insurance policies.Quality applies a concept of insuring a large number of people with the knowledge that only a small proportion of them will die in a given year.The large number of premiums provides the funds to pay for the small number of deaths.This concept is known as

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The concept described is known as risk pooling, where a large number of people are insured with the expectation that only a small percentage will incur a loss. This enables the insurance company to use the premiums collected from the large group to cover the losses incurred by the small group.

Quality Insurance Company Provides Life Insurance Policies