Pooling individuals allow insurance companies to _______ risk from a societal point of view.

Name: Pooling individuals allow insurance companies to _______ risk from a societal point of view.
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Pooling individuals allows insurance companies to decrease risk from a societal point of view by spreading the financial risk across a larger group of people. This makes it less likely for any one individual to bear the full cost of an unexpected event or illness.

Pooling Individuals Allow Insurance Companies to _______ Risk from a Societal