Question 36 Not yet answered Points out of 1.30 P Flag question Insurance compan

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Question 36 Not yet answered Points out of 1.30 P Flag question Insurance companies are required by the laws of the different states to issue only policies that contain provisions to Select one: a. maintain certain financial reserves b maintain certain financial reserves to guarantee to policyholders that their expectations will be m is needed c. guarantee to policyholders that their expectations will be met when coverage is needed for crimi d guarantee to policyholders that their expectations will be met

Explanation / Answer

Answer B

Insurance companies are required by the laws of different states to issue certain policies that contain provision to maintain certain financial reserve to guarantee to policyholders expectations will be met.

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