Making distinctions in the premium rates charged for insurance between insureds or property having like insuring or risk characteristics is an example of:

Making distinctions in the premium rates charged for insurance between insureds or property having like insuring or risk characteristics is an example of:



a - Rebating

b - Unfair Discrimination

c - Unfair Representation

d - False Underwriting

b - Unfair Discrimination



Answer: Risks showing like characteristics must be treated equally. Making distinctions on similar risks is unfair discrimination.

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