An Insurance Rate

question 97

Multiple Choice

An insurance rate

• A)is the price charged for each unit of insurance coverage.
• B)should be sufficient to provide coverage for that applicant.
• C)represents the average cost of providing coverage to various groups of insureds.
• D)All of these.

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Definitions:

Older Workers

Individuals in the workforce who are near or beyond the typical age of retirement, often facing unique challenges and opportunities.

Inclusive Environment

A work or social setting that values diversity and incorporates practices to ensure all individuals feel respected, valued, and able to fully participate.

People Analytics

The practice of using data about human behavior, relationships, and traits to make business decisions.

Systemic Discrimination

Any company policy, practice, or action that is not openly or intentionally discriminatory but has an indirect discriminatory impact or effect.