The phenomenon of selecting an insurer that charges lower rates for a specific risk exposure is known as:

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12-11-2021
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The phenomenon of selecting an insurer that charges lower rates for a specific risk exposure is known as:

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pcix8zwjx9 pcix8zwjx9 · Answer 1 · 2021-11-12T15:05:43+01:00

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12-11-2021

Adverse selection. The phenomenon of selecting an insurer that chargers lower rates for a specific risk exposure is known as: The number of similar exposure units is small. All risks are not insurable.

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