Anti-selection means -

A. Tendency of people who expect loss to take insurance eagerly leading to loss to the insurer

B. Tendency of people to go for small amount of insurance

C. Tendency of people who have good health to go for insurance

D. Non evincing keen interest in buying an insurance

Answer: Option A

Solution(By Examveda Team)

Anti-selection means Tendency of people who expect loss to take insurance eagerly leading to loss to the insurer. Anti-selection is the tendency of people, who suspect or know that their chance of experiencing a loss is high, to seek out insurance eagerly and to gain in the process.