Which One of the Following Statements, is Correct, with Regard to 'Anti-Selection'?
1
Anti-Selection is the Process, used by the Insurance Company, to ensure, it does not end up selecting Un-Ethical Agents.
2
Anti-Selection is the Tendency of People, Who suspect or know that, their Chance of Experiencing a Loss is High, to seek-out the Insurance, Eagerly; and to gain in the Process.
3
Anti-Selection is the Process, used by the Insurance Company, to ensure, it does not end up launching the Insurance Products, that are Not Suitable for the Prospective Policy Holders
4
Anti-Selection is the Process, used by the Insurance Company, to ensure, it does not end up selecting the Wrong Investment-Products, for deploying the Premiums, collected from the Policy-Holders.
5
None of the Above