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    Question

    Percentage of each premium rupee that goes to insurers

    expenses including overhead, marketing and commissions is called ____.
    A Expense Ratio Correct Answer Incorrect Answer
    B Expected Ratio Correct Answer Incorrect Answer
    C Coverage Extension Correct Answer Incorrect Answer
    D Expense Insurance Correct Answer Incorrect Answer

    Solution

    Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called Expense Ratio.

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