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27 September, 18:48

All insurance is based on a principle called

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  1. 27 September, 21:32
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    Division of risk

    So it's right
  2. 27 September, 22:31
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    Any type of insurance, be it home, auto, life, health, etc. are based on a principle of division of risk. This is based on how much risk the insurer estimates the insured's coverage to be. The riskier the opportunity (bad health, area the home is in) the higher the premium costs.
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