The basic assumptions that the company uses to compute its insurance illustrations include all except
A)age.
B)sex.
C)health status.
D)income.

Question

Quizplus · Accepted Answer

The basic assumptions used to compute insurance illustrations generally include factors related to an individual's likelihood of needing or using insurance, such as age, sex, and health status. Income is not typically considered because it is not directly related to these factors.

The Basic Assumptions That the Company Uses to Compute Its