An insurance company is reviewing whether a proposed health insurance risk is insurable. Which characteristic of the proposed risk would make it MOST difficult to insure?

Question

Accepted Answer

The applicant is seeking coverage primarily because of a known, existing medical condition

Answer

The risk of loss can be measured using actuarial data from large groups of similar people

Answer

The chance of loss is predictable across a large pool but uncertain for any single person

Answer

The loss, if it occurs, would be definite and measurable in dollar terms

An insurance company is reviewing whether a proposed health insurance risk is insurable. Which characteristic of the proposed risk would make it MOST difficult to insure?

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