When the Level of Insurance Premiums That Someone Pays Is

question 56

Multiple Choice

When the level of insurance premiums that someone pays is equal to the amount that an average person in that risk group would collect in insurance payments, the level of insurance

• A) will be adverse to profits.
• B) will be actuarially sound.
• C) complies with fundamental law.
• D) reaches actuarial fairness.

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Definitions:

Psychological Disorders

A range of mental health conditions characterized by abnormal thoughts, feelings, and behaviors that cause distress or impairment in functioning.

Diseases of the Mind

Broad term referring to various mental health conditions and disorders affecting cognitive, emotional, and behavioral functioning.

Humane Treatment

Actions or behavior marked by compassion, respect, and consideration towards others, including animals, emphasizing dignity and welfare.

Brain Abnormalities

Structural or functional anomalies in the brain that can lead to various neurological or psychiatric conditions.