When a fraternal insurer began operations. I asked each member, regardless of age to pay $20 per month to the exchange, each member received the same amount of fe insurance Soon younger members of the bene premiums were subsidizing a group with a higher chance of loss. Which important underwone principle was vece O An underwriting profit should be attained. Moral hazard should be avoided O Insurade should be selected according to underwriting standards There should be equity among policyholders