Under risk classification, _________ consist of those whose anticipated mortality corresponds to the standard lives represented by the mortality table.

A. Standard lives

B. Preferred risks

C. Sub-standard lives

D. Declined lives

Answer: Option A

Solution(By Examveda Team)

Under risk classification, Standard lives consist of those whose anticipated mortality corresponds to the standard lives represented by the mortality table. Mortality tables are the most important basis for charging the premium.