Examlex
Evolutionary psychologists study:
Premium
The amount paid periodically to the insurer by the insured for covering his risk.
Expected Income
The amount of money an individual or entity anticipates earning over a certain period.
Probability
The measure of the likelihood that a particular event will occur, often expressed as a number between 0 and 1.
Insurance Market
A marketplace where individuals and entities can purchase insurance products to transfer risk and receive financial protection against loss.
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