Insurance penetration is defined as the? – McqOptions

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1.	Insurance penetration is defined as the?
A.	Ratio of premium underwritten in a year to GDP
B.	Ratio of premium underwritten in a year to total population
C.	Ratio of insurance subscribers in a year to total population
D.	Ratio of total number of policy holders in a year to total population
Answer» B. Ratio of premium underwritten in a year to total population

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