Which Method of Setting Premiums Allows Insurers to Consider Factors

question 2

Multiple Choice

Which method of setting premiums allows insurers to consider factors such as age and gender?

• A) Experience rating
• B) Genetic rating
• C) Pure community rating
• D) Modified community rating

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Definitions:

Amber Alerts

Emergency response system alerts broadcasted to the public to aid in finding abducted children.

Microblogging

The practice of posting short, brief updates or thoughts on a digital platform, allowing for real-time communication and interaction.

Twitter

Twitter is a social media platform that allows users to post short messages, known as tweets, to share thoughts, news, or updates in real-time.

Community workshops

Locally organized group meetings focused on skill-sharing and problem-solving within a community.