0
Yes, if someone has a claim RIGHT NOW, they will probably look for another company that will accomodate them.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What type of fitness test was developed to reduce adverse impact in the selection process?
physical agility
How do you get tenure as a teacher in New York State?
To obtain tenure as a teacher in New York State, you typically need to complete a probationary period by teaching for a certain number of years (usually 3-4) and meeting performance evaluations. After this period, the school district can make a decision to grant tenure based on your teaching effectiveness, professionalism, and overall performance. It is important to check with your specific school district's policies and guidelines for tenure.
How can the adverse selection problem explain why you are more likely to make a loan to a family member than a stranger?
In my understanding,I think we can reduce risk when we make loan to a family members as well as lowering a transaction cost to him/her.
How do you reduce adverse selection and moral hazard in commercial bank?
There are a number of ways of reducing moral hazard and adverse selection in the insurance industry which arecompelling parties to disclose material information to each otherInvesting in better risk screening methodsoffering a menu of policies for the different risk typesdevote more effort to monitoringuse of deductibles, retrospective rating, experience ratingrequesting insured to prove insurable interest in subject matter of insurance
What is anti-selection?
The adverse impact on an insurer when risks selected have a higher chance of loss than that contemplated by the applicable insurance rate. Also known as adverse selection. The selection of such risks is adverse because the rate is inadequate.In other word, tendency of people with significant potential to file claims wanting to obtain insurance coverage. For example, those with severe health problems want to buy health insurance, and people going to a dangerous place such as a war zone want to buy more life insurance. Companies employing workers in dangerous occupations want to buy more worker's compensation coverage. In order to combat the problem of adverse selection, insurance companies try to reduce their exposure to large claims by either raising premiums or limiting the availability of coverage to such applicants.
A driver must reduce speed and adjust to changing conditions in?
adverse weather
What is The strategy which is not aimed at reducing selection bias is?
the strategy that will not help reduce selection bias is:
What type of interview is designed to reduce the number of candidates for a position to a workable size?
selection
What bank regulation is designed to reduce adverse selection problems for deposit insurance?
Almost all of the recent legislation in Banking was in some part made to reduce adverse selection. Federal Deposit Insurance Corporation Improvement Act of 1991 gave FDIC rights of corrective actions towards problem banks, and required riskier banks to pay higher insurance premiums. Also Dodd-Frank Bill 2010 had lots of regulaiton, like monitoring actions. The list of the most important legislation can be found here: http://www.fdic.gov/regulations/laws/important/index.html
Why selection query is first done than projection query?
Selection has more power to reduce size (Number of rows) while projection can not reduce number of tuples
How does natural selection enhance or reduce the variability of a species?
Natural selection doesn't reduce variation. Variation is regulated by the rate of mutation.Natural selection reduces the chance of bad variation from being passed on and increases the chances for good variation to be passed on.
How is lung cancer treated in alternative medicine?
alternative treatments can help prolong a patient's life or at least improve quality of life, prevent recurrence of tumors, or prolong the remission period and reduce adverse reactions to chemotherapy and radiation.
