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Insurers use a process of selecting and classifying insurance applicants to prevent individuals who have a higher-than-average probability of loss from obtaining insurance at average rates. This process
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Insurers use a process of selecting and classifying insurance applicants to prevent individuals who have a higher-than-average probability of loss from obtaining insurance at average rates. This process is called

User Vladimir Bershov
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7 votes

Answer:

This process is called

Producing. underwriting.

Explanation:

User GregoirePelegrin
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