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(Solved): Question 2 of 4 Adverse selection occurs when 1. an uninsurable or high-risk applicant seeks a li ...



Question 2 of 4 Adverse selection occurs when 1. an uninsurable or high-risk applicant seeks a life insurance policy at a standard premium rate 2. life insurance premiums remain high for all insureds 3. substandard risks are declined a life insurance policy 4. insurers select only the lowest risk applicants



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