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An insurance contract is known as a(n)
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
Group insurance is less expensive to administer per person because of the large number of people in the plan.
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
It is recommended that life insurance be purchased when the:
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
Tiffany was recently involved in a vehicle accident. In order to get her car fixed, her insurance company is requiring her to pay the first $500 of the repair bill because:
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
True or False? Reducing deductible amounts should reduce premium amounts.
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
A formal request made to an insurance company for payment of a loss is a(n)
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
True or False? Males under the age of 21 are normally charged less for automobile insurance that people over age 25.
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
True or false? Open enrollment means that during a specified time each year employees may sign up for the employee-sponsored health plan.
her policy's deductible is $500.
False
individual has dependents.
True
False
True
claim.
policy.
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