Question

minimizing the risk is a principle that requires an insurance company to ensure all pilots who apply for coverage

Answer 1

Underwriting is a principle that requires an insurance company to ensure all pilots who apply for coverage.

Step-by-step explanation:

Minimizing the risk is a principle that requires an insurance company to ensure all pilots who apply for coverage. This principle is known as underwriting. Underwriting involves evaluating the risk associated with insuring a particular individual or business and determining the terms and conditions of the insurance policy based on that risk assessment.