The whole financial basis of insurance would be questionable if it were possible to change the relative frequency of the occurrence of the insurance cases (deaths, etc.) by excluding, for example, every tenth one of the insured persons, or by some selection principal.
Richard von MisesRelated topics
change example frequency insured possible principal selection etcRelated quotes
The world is full of vulgar Purists, who bring discredit on all selection by the silliness of their choice; and this the more, because the very becoming a Purist is commonly indicative of some slight degree of weakness, readiness to be offended, or narrowness of understanding of the ends of things.
John Ruskin