Kevin Is an Underwriter Who Is Currently Under the Process

question 12

Multiple Choice

Kevin is an underwriter who is currently under the process of underwriting a group insurance of a firm.He is currently analyzing past losses-the frequency, severity, and length of illnesses or disabilities-to calculate the appropriate premium for the insureds.Identify the key underwriting determinant characteristics of the group that Kevin is trying to deduce.

• A)Financial stability of the employer
• B)Stability of the group
• C)Persistency of the group
• D)Prior experience of the plan
• E)Size of the group

Analyze the effectiveness of different conditioning procedures.

Recognize the principles underlying the extinction and recovery of conditioned responses.

Understand higher-order conditioning and its implications.

Comprehend the psychological and neurological responses to conditioning and their impact on behavior.

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Definitions:

Situation

The other people and the physical environment surrounding a person.

Enduring Debate

Refers to a long-lasting argument or discussion on a matter that has not been conclusively resolved over a significant period.

Situational Constraints

External factors that limit or influence an individual's behavior or performance in a given situation.

Personality Traits

Enduring characteristics that describe an individual's behavior, mindset, and emotional patterns.