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3 votes
Factors such as age and occupation can impact a person’s insurance premium. True False

2 Answers

6 votes

It is true, because age and occupation can determine how high or low of a risk they could be.

User OneNiceFriend
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1 vote

Answer:

True.

Step-by-step explanation:

Insurance is a risk that the insurer runs, so the calculation of insurance depends on variables associated with the service. Thus, insurance values will vary according to the characteristics of each individual, whether age, employment, health etc., ie the values will be higher for those people, for example, who will most often resort to safe.

User Konsolebox
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