Adverse Selection Is a Situation Where Customers Who Most Need

question 50

True/False

Adverse selection is a situation where customers who most need insurance are more likely to apply for insurance.

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Definitions:

Client

In psychology and counseling, the individual who receives therapy or professional services.

Unconditional Positive Regard

An approach in various types of psychotherapy where the therapist accepts and supports the client regardless of what they say or do.

Genuineness

The quality of being authentic, honest, and sincere in one's relationships and interactions with others.

Reflection

The act of mentally reviewing and contemplating one's thoughts, feelings, actions, and experiences for the purpose of learning or gaining insight.