Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

From a policyholder perspective, the use of deductibles in insurance contracts is Risk avoidance. b. Risk retention. c. Risk control. d. Risk transfer.

From a policyholder perspective, the use of deductibles in insurance contracts is

Risk avoidance.

b.

Risk retention.

c.

Risk control.

d.

Risk transfer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Behavioral Finance And Capital Markets

Authors: A. Szyszka

5th Edition

1137338741, 9781137338747

More Books

Students also viewed these Finance questions

Question

discuss the importance of ethical practice for the HR profession;

Answered: 1 week ago

Question

reference your work in a credible way.

Answered: 1 week ago

Question

read in a critically evaluative way;

Answered: 1 week ago