Which of the following is/are correctly matched:
| Premium | Definition |
| I. Level Premium | It has the same premium rate for the entire duration of the policy. |
| II. Office Premium | The premium which is charged to cover administrative expenses for providing the insurance policy. |
| III.Risk Premium | The higher rate of return that one expects to earn from riskier assets. |
1
I Only
2
I, II Only
3
II, III Only
4
I, II, III