If Those with a Greater Likelihood of Filing a Claim

question 82

Multiple Choice

If those with a greater likelihood of filing a claim do in fact purchase insurance more frequently,then

• A) they will let their coverage lapse.
• B) they will file claims and average premiums will rise.
• C) they will file claims but average premiums will be unchanged.
• D) those who did not purchase insurance before will find it to be more attractive.
• E) they will purchase less insurance in the future.

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Definitions:

Genetic Inheritance

The process by which genetic information is passed on from parents to their offspring.

Nutrition

The process by which living organisms obtain and process the nutrients needed for maintaining life and health.

Variability

The extent to which data points in a statistical distribution or dataset differ from each other and from the average or mean value.

Intelligence Scores

A measure of an individual's cognitive abilities in comparison to a population norm, often assessed through various standardized tests.