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3-36 PC Underwriting Risk Only Exists When the Premiums Generated

question 44

True/False

3-36 PC underwriting risk only exists when the premiums generated on a given insurance line are less than the claims (losses)on the line.


Definitions:

Surgical Asepsis

Methods employed to keep an environment free from germs and to avoid infection during surgery.

Antiseptic

Substances used on living tissues and skin to reduce the risk of infection by killing or inhibiting the growth of microorganisms.

Microbial Growth

The increase in number of microorganisms in a population, often observed in a controlled or natural environment.

Surgical Procedure

A medical method involving an incision with instruments, performed to repair damage or remove diseased tissue.

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