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24 All of the following are considered social/economic values of insurance EXCEPT: Enhances credit, given that individuals with insurance are better credit risks O Enhances
24 All of the following are considered social/economic values of insurance EXCEPT: Enhances credit, given that individuals with insurance are better credit risks O Enhances loss control activities due to insurance companies'a ability/willingness to partake in such activity O Reduces moral hazard and thereby controls costs O Indeminification of loss, which contributes to family and business stability O Reduces worry and fear of those with insurance
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