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Anti-Selection & Genetic Testing in Insurance: An Interdisciplinary Perspective

Published online by Cambridge University Press:  04 March 2022

Abstract

Anti-selection occurs when information asymmetry exists between insurers and applicants. When an applicant knows they are at high risk of loss, but the insurer does not, the applicant may try to use this knowledge differential to secure insurance at a lower premium that does not match risk.

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Independent Articles
Copyright
© 2022 The Author(s)

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