The reason for risk pooling which is beneficial for the insurance industry is best described as it brings together many individuals' premiums so that there is money to cover a selected few losses.
Option B is the correct answer.
<h3>Who is a policyholder?</h3>
The policyholder is an individual who takes an insurance policy from an insurance company. He pays insurance premiums against their respective policies.
The insurance contract is an agreement between the individuals and insurance company to indemnify them at the happening of the specified event and individuals also agreed to pay the insurance premiums on time. The risk pooling allows the insurance company to get insured many people against a small amount of money called an insurance premium.
Therefore, risk pooling is valuable for the insurance company in respect of the insurance policies.
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This shift in demand was likely the result of the improved technology of MP3 players.
Improved technology brought improved quality of MP3 players, which meant that more people were interested in buying them. MP3 players are far more convenient than CD players, because they are smaller, more easily portable, and overall better.
Me and my sister are in high school, and need tutoring in geometry and algebra 2, could she help?
Explanation:
why is this so much who assigned you this
Answer:
A. human skills
Explanation:
Human skills -
It refers to the type of skills which a person have , giving the person excellent ability to interact , communicate with the team , in order to complete the project or assignment on time , is referred to as human skills .
The method enables the person to be one of the best manager , as helps , motivate and connect with the employees very efficiently , and hence the employees in turn gives their best result with proper handwork .
Hence , from the given scenario of the question ,
The correct answer is human skills .