Subsidization in Insurance Pools Occurs If a 40-Year-Old Male Is

question 23

True/False

Subsidization in insurance pools occurs if a 40-year-old male is charged the same life insurance premium as a 20-year-old male.

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Definitions:

Dysrhythmia

An abnormal heart rhythm that can vary from minor irregularities to severe abnormalities affecting the heart's ability to pump blood.

Heart Rate

The number of heartbeats per unit of time, usually measured per minute, indicating how fast the heart is beating.

Ventricular Repolarization

The process by which the ventricles of the heart return to their resting state after contraction, represented by the T wave in an electrocardiogram (ECG).

Electrocardiogram (ECG)

A diagnostic test that records the electrical activity of the heart, used to identify various heart conditions by analyzing the heart's rhythm and function.