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How Do Insurance Companies Set Their Premiums?

Do you want lower insurance premiums? So does your instructor! Why are some premiums so high? How can other companies’ premiums be so low? What is in the fine print? Just how profitable are insurance companies? What happens if your insurance company goes bankrupt? Why buy insurance at all? Participants will get an understanding of each type of insurance and the basis for its premiums, as well as guidelines for identifying the most lucrative types of insurance – for the insurers!

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