Q. Valuation in life insurance means (Solved)
1. The process of arriving at the profit of a life insurance company
2. The process of determining the net premium for a life insurance policy
3. The process of arriving at the bonus in a life insurance company
4. The process by which the value of all the existing policies is ascertained in a life insurance company.
- d. The process by which the value of all the existing policies is ascertained in a life insurance company.