The Aggregate Increased Cost to Society of Operating the Insurance

question 50

Multiple Choice

The aggregate increased cost to society of operating the insurance mechanism includes all of the following except:

• A)cost of operating the insurance company
• B)losses due to uninsured flood losses
• C)the occurrence of intentional losses to collect insurance
• D)the tendency for insureds to exaggerate the amount of actual losses in the claim process

---

Definitions:

Charging Chasseur

Charging Chasseur is an artwork by Théodore Géricault, depicting a dramatic scene of a cavalry officer, known for its dynamic composition and expressive intensity.

Foreshortened Figures

The technique in art of depicting a figure or object in a picture in perspective, so it appears to recede into the background, creating an illusion of depth.

Burial at Ornans

A seminal realist painting by Gustave Courbet, depicting the funeral of his grand uncle in the French town of Ornans.

History Paintings

Refers to a genre of art that depicts scenes based on historical, mythological, or biblical narratives.