Examlex
The propensity for a majority of scores to fall in the midrange of possible values is referred to as
Insurance Policy
A contract between an insurer and policyholder specifying coverage terms, including the risks insured against, the duration of coverage, and the amount of premiums.
Low Risk
Pertaining to situations, investments, or activities that have a minimal chance of negative outcomes or losses.
High Deductible
Refers to health insurance plans with higher deductible amounts, meaning the insured must pay more out-of-pocket before insurance coverage starts.
High Quality
A characteristic of products or services that meet or exceed customer expectations and are superior in terms of durability, reliability, or performance.
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