EXAMPLE:
John wants to buy a life insurance policy from XYZ Corporation. In order to qualify for lower premiums, he lies about his smoking status. His lie is an “adverse selection” against the insurer.
aka “antiselection”
- Froogled By:
- Elias Makere, FSA, MAAA
- Last Froogled:
ADVERSE SELECTION
aka “antiselection”
Feel free to use it throughout your financial/insurance life.
Sincerely,
www.FroogleMe.com
