The principles of operation of GR schemes Flashcards
1
Q
What is Anti-Selection?
A
When an individual taking out insurance knows something to their advantage which would make it more likely they will make a claim.
GR1 Group Risk > The principles of operation of GR schemes > Flashcards
What is Anti-Selection?
When an individual taking out insurance knows something to their advantage which would make it more likely they will make a claim.