Which of the Following Is NOT a Classic Principle of Insurance

question 40

Multiple Choice

Which of the following is NOT a classic principle of insurance?

• A) The definition of an insurable event is one where the financial risk is significant.
• B) The risk or the probability of occurrence is measurable for a group.
• C) The occurrence of the event is infrequent.
• D) Service is desirable by the patient.

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Definitions:

Free Radicals

Highly reactive molecules with unpaired electrons that can cause damage to cells, proteins, and DNA by stealing their electrons through a process called oxidation.

Unstable Molecules

Atoms or groups of atoms that have unpaired electrons, making them highly reactive and known as free radicals.

Trans Fats

A type of unhealthy fat found in some processed foods, associated with increased risk of heart disease.

Hydrogenation

A chemical process that adds hydrogen atoms to unsaturated fats, turning them into saturated fats, often used in food production to increase shelf life.