ECONOMICS
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Anything that increases the chance of premature death is called:
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A peril
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Implied risk
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A hazard
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Consideration
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Explanation:
Detailed explanation-1: -(PREE-muh-CHOOR deth) Death that occurs before the average age of death in a certain population. In the United States, the average age of death is about 75 years. Smoking cigarettes and being exposed to secondhand tobacco smoke are leading causes of premature death in the United States.
Detailed explanation-2: -Smoking increases the risk of early death from cancer, heart disease, stroke, lung diseases, diabetes, and chronic obstructive pulmonary disease. Physical activity cuts the risk of heart disease and type 2 diabetes.
Detailed explanation-3: -The insurance company has to pay only if the insured person dies within the term period, not otherwise. Premature death is a pure risk event.
There is 1 question to complete.