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It May Be Correctly Claimed That Insurers Usually Do Not

Question 40

Multiple Choice

It may be correctly claimed that insurers usually do not pay for losses because:


A) it is the insured's money that is used to pay the claims
B) most insurers do not pay claims until the insured sues them
C) almost all claims are caused by fraud
D) insurers estimate claims actuarially in advance in order to avoid payments

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