For 10 points, give this term for a policy purchased to hedge against uncertain losses.
The Supreme Court ruled that sex discrimination in this type of benefit was illegal in Arizona Governing Committee v. Norris.  Contracts of this type are governed by uberrima fides, and a failure to adhere to this leads to bad faith lawsuits.  Kenneth Arrow argued that adverse selection and transaction costs were two of the reasons for limitations in these contracts, although in ideal conditions fixed-percentage loading made the optimal type of these contracts.  In one field, the presence of this can lead to increased loss due to (*) indifference, which is deemed a morale hazard, a special case of the moral hazard.  When this concept replaces what it lost, it's termed indemnity, which contrasts with the contingent type of this entity.  Specific examples include Worker's Compensation.  For 10 points, give this term for a policy purchased to hedge against uncertain losses.
The Supreme Court ruled that sex discrimination in this type of benefit was illegal in Arizona Governing Committee v. Norris.  
{Insurance}