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 KCSE business studies paper 1 revision questions and answers set 5

Mutua and Mutio have taken life assurance policies. State four factors that would make them pay different premium amounts.

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Answer Text:
-Difference in their age
-Health status of the two
-Difference in Occupations and risks involved
-Differences in policies taken
-Differences in policy period
-Difference in Hobbies and lifestyle
-Their residence and risks involved


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