Which is correct

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Examveda

A. In insurance subsidy plays a part in fixing premium

B. Losses are shared by subsidy

C. A few persons have to share the loss of many

D. Losses of a few persons are shared by many persons thus reducing the burden of contribution to loss compensation

Answer: Option D

Solution (By Examveda Team)

Losses of a few persons are shared by many persons thus reducing the burden of contribution to loss compensation.

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