Identify the Process of Classifying the Potential Insureds into the Appropriate

question 32

Multiple Choice

Identify the process of classifying the potential insureds into the appropriate risk classification in order to charge the appropriate rate.

• A)Redlining
• B)Gentrification
• C)Actuary
• D)Blockbusting
• E)Underwriting

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Definitions:

Defensive Neurosis

A psychological condition where an individual develops behaviors or symptoms as defenses against perceived threats to their self-esteem or self-concept.

Resistance

The act of rejecting or not agreeing with something, striving to stop it through actions or reasoning.

Associated Feelings

Emotions that are linked or connected to particular thoughts, memories, or experiences.

Work Through

A psychological term for the process of dealing with one's issues or problems in a thorough and effective manner, often used in therapy.