An Insurance Applicant Dying from Cancer Is Not Likely to Be

question 18

Multiple Choice

An insurance applicant dying from cancer is not likely to be able to get insurance because:

• A) it is impossible to estimate the loss
• B) the probability of loss is extremely high and thus the price for coverage would be uneconomical
• C) the confidence interval is very high
• D) the risk pool is very large

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Definitions:

Marital Infidelity

is an act of being unfaithful to a spouse or partner by engaging in romantic or sexual relationships with others.

Marital Opportunities

The chances or prospects available for individuals to get married, often influenced by societal norms, personal choices, and demographic factors.

Religion Influences

Refers to the impact religion has on the beliefs, behaviors, and societal norms, shaping cultures and individual lives.

Divorce Rate

The statistical measure showing the number of divorces per 1,000 people in a population within a given period.