Which of the Following Arises in Policies in Which the Insured

question 73

Multiple Choice

Which of the following arises in policies in which the insured event occurs during a coverage period but a claim is not filed or reported until many years later?

• A)Short-tail losses.
• B)Adverse selection.
• C)Moral hazard.
• D)Long-tail losses.
• E)Social inflation.

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Definitions:

Gluteus Muscle

A group of three muscles located in the buttocks responsible for movement of the hip and thigh.

Intramuscular Injection

A method of administering medication deep into the muscles, allowing for quicker absorption into the bloodstream.

Vastus Lateralis

A muscle in the thigh that is part of the quadriceps group, it extends the leg at the knee joint.

Needle Safety

Needle safety refers to practices aimed at reducing the risk of injury and transmission of pathogens when using needles in medical settings.