_____ Is a Method That Is Used to Determine the Price

question 55

Multiple Choice

_____ is a method that is used to determine the price of insurance based on a group's or an individual's history of claims.

• A) Signaling
• B) Experience rating
• C) Mandated insurance
• D) Open enrollment

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Definitions:

Environmental Factors

Elements in the external surroundings that can influence an organism's growth, development, and survival.

Reduced Intelligence

A condition or situation where an individual's cognitive abilities are significantly below the average for their age and demographic.

Stressful Family Circumstances

Situations within a family that cause stress, such as financial problems, divorce, or illness, potentially impacting members' mental and physical health.

Intelligence Quotient

A score derived from standardized tests designed to measure human intelligence.