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Q. |
Which One of the Following Statements, is Correct, with Regard to 'Anti-Selection'? |
A. | Anti-Selection is the Process, used by the Insurance Company, to ensure, it does not end- up selecting Un-Ethical Agents. |
B. | Anti-Selection is the Tendency of People, Who suspect or know that, their Chance of Experiencing a Loss is High, to seek-out the Insurance, Eagerly; and to gain in the Process. |
C. | Anti-Selection is the Process, used by the Insurance Company, to ensure, it does not end- up launching the Insurance Products, that are Not Suitable for the Prospective Policy- Holders. |
D. | Anti-Selection is the Process, used by the Insurance Company, to ensure, it does not end- up selecting the Wrong Investment-Products, for deploying the Premiums, collected from the Policy-Holders. |
Answer» B. Anti-Selection is the Tendency of People, Who suspect or know that, their Chance of Experiencing a Loss is High, to seek-out the Insurance, Eagerly; and to gain in the Process. |
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