Mention Some of Ways in Which Insurers Control the Problem

question 58

Essay

Mention some of ways in which insurers control the problem of moral hazard.

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Definitions:

Human Intelligence

Human intelligence is the cognitive capability to learn, understand, apply knowledge, solve problems, and adapt to new situations.

Brain Size

The physical measurement of the brain's volume or weight, often studied in relation to body size, intelligence, and evolutionary adaptations.

Eminent Men

refers to individuals who have gained significant recognition and high standing in their particular fields or societies.

Inherited

Describes traits or characteristics that are passed down from one generation to the next through genes.