单词 | adverse selection |
释义 | adverse selection in Insurance (ædvɜrs sɪlɛkʃən) noun (Insurance: Underwriting) Adverse selection is a term used to describe the tendency of those in dangerous jobs or with high-risk lifestyles to want to take out life insurance. Insurance companies need to limit the risk of adverse selection, and ensure that not only the "bad" risks seek insurance. Since there is a tendency for those most likely to have losses to take out healthinsurance, an element of adverse selection exists. Adverse selection is a term used to describe the tendency of those in dangerous jobs or with high-risklifestyles to want to take out life insurance. |
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