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.
