MLchartDataset catalogue

Good student discount

Term · Insurance and risk management · MLC-T-INS-001650

A reduction in the premium for an automobile insurance policy offered to young drivers who maintain a specified academic average, typically a B grade or higher. Insurers offer this discount because statistics show that students with better grades tend to be safer drivers, presenting a lower risk of accidents. This incentive encourages responsible behavior both in school and on the road.

Table 1. Record
IdentifierMLC-T-INS-001650
FieldInsurance and risk management
Record as JSON
{
  "id": "MLC-T-INS-001650",
  "term": "Good student discount",
  "field": "Insurance and risk management",
  "definition": "A reduction in the premium for an automobile insurance policy offered to young drivers who maintain a specified academic average, typically a B grade or higher. Insurers offer this discount because statistics show that students with better grades tend to be safer drivers, presenting a lower risk of accidents. This incentive encourages responsible behavior both in school and on the road.",
  "url": "https://mlchart.com/terminology/insurance/good-student-discount/"
}

Record 1,565 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.