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TARIFICATION SANS DISTINCTION [1 record]

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Alphabetical list of terms

Record 1 1995-09-06

English

Subject field(s)
  • Insurance
CONT

Traditionally insurance has spread risks among a community of clients paying equal costs (a system known as community rating), to protect individuals against unpredictable future events. When the future becomes predictable, the mechanism falters.

OBS

As opposed to "risk-based insurance."

French

Domaine(s)
  • Assurances

Spanish

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