Q. Adverse selection occurs when (Solved)
1. a person takes more risks that are not known to the life insurance company because he has life insurance.
2. a person buys life insurance because he has a risky lifestyle that is not known to the life insurance company.
3. a person is a risk lover.
4. pregnant women with health insurance make more doctor visits than uninsured pregnant women.
- b. a person buys life insurance because he has a risky lifestyle that is not known to the life insurance company.