Question: QUESTION ONE Explain the concept Adverse Selection and with specific regard to Kenya, discuss any five circumstances/choices that qualifies adverse selection in the insurance industry

QUESTION ONE

  1. Explain the concept Adverse Selection and with specific regard to Kenya, discuss any five circumstances/choices that qualifies adverse selection in the insurance industry (15 Marks)

  1. If liability insurance is not mandatory for the auto driver, will you still purchase it? Explain your answer (10 Marks)

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