Which of the Following Is the Most Important Goal of Insurance

question 15

Multiple Choice

Which of the following is the most important goal of insurance regulation?

• A) Limiting the number of insurance companies in the state
• B) Promoting the solvency of insurance companies
• C) Mandating that all citizens purchase auto insurance and health insurance
• D) Approving the contractual language of insurance policies sold in the state

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Definitions:

Anxiety-Provoking

Refers to stimuli or situations that induce feelings of anxiety or nervousness.

Contingency Contract

A behavioral strategy involving a formal agreement between parties to reinforce desired behaviors or reduce undesired ones.

Weekly Goals

Objective or targets set to be achieved within the span of a week, commonly used in personal and professional planning to organize and prioritize tasks.

Token Economy

A behavioral modification technique that involves giving tokens as rewards for desired behaviors, which can later be exchanged for specific privileges or items.