Q. Valuation in life insurance means ___________.
A. the process of arriving at the profit of a life insurance company.
B. the process of determining the net premium for a life insurance policy.
C. the process of arriving at the bonus in a life insurance company.
D. the process by which the value of all the existing policies is ascertained in a life insurance company.
Answer: the process by which the value of all the existing policies is ascertained in a life insurance company
