Which is correct

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.