A group of people who pay premiums for an insurance policy are called the risk pool. The idea is that a large number of people pay premiums into the risk pool, and only a few number of people need to withdraw money from the risk pool. For example, a large number of people pay monthly premiums for car insurance and rarely have an accident. While those relatively small number of people who do have an accident, can withdraw money to pay for repairs.

Insurance companies often do not take everyone into the risk pool, or charge those who are deemed a higher risk, higher premiums. Should insurance companies be
required to take anybody into the risk pool?

What happens if all insurance companies refuse to Insure a certain person who is higher risk such as someone working a dangerous occupation?

(thank you!)

Question 4 which was a foundation of the industrial revolution? a) large states held huge supplies of raw materials. b) coal replaced wood as the primary source of fuel. c) road infrastructure replaced waterways for transport. d) mercantilist policies drove down the price of goods. question 7 which was not a government response to the socialist challenges? a) establishing universal suffrage to all classes b) introducing medical insurance and pensions c) prohibiting underground employment for women d) restricting child labor for children under ten years old question 9 which was a cause of the boer war? a) movement and settlement of bantu peoples into afrikaner-populated states b) independence of northern afrikaner territories from british colonial authority c) evacuation of most afrikaner people out of south africa and back into europe d) british reconstitution of afrikaner-held territories into the union of south africa