Discuss the Differences Between the Terms "Incidence" and "Prevalence

question 48

Essay

Discuss the differences between the terms "incidence" and "prevalence". Provide an example to illustrate each term

---

Definitions:

Policyholder

An individual or entity who owns an insurance policy and is entitled to coverage and benefits under the policy terms.

Destroyed

Refers to something that has been completely ruined or rendered unusable.

Fixture Test

A legal test used to determine whether a physical object is permanently attached to real property and thus considered a fixture, affecting the object's legal treatment in terms of possession and property rights.

Realty

Real estate, referring to the ownership of land and property.