Multiple Choice
Which of the following is not a benefit of standard policies?
A) Smaller insurers can offer cheaper insurance than larger companies for the same exposures.
B) Litigation should be reduced as policy meaning becomes understood.
C) Consumers are more likely to learn and understand the meaning of standard policies.
D) Data collection and rate computation is easier and more accurate.
Correct Answer:

Verified
Correct Answer:
Verified
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