Question
Insurance companies are required by the laws of the different states to issue only policies that contain certain mandated provisions: a. to maintain certain cash
Insurance companies are required by the laws of the different states to issue only policies that contain certain mandated provisions:
a. to maintain certain cash reserves.
b. to maintain certain financial reserves to guarantee to policyholders that their expectations will be met when coverage is needed.
c. to guarantee to policyholders that their expectations will be met when coverage is needed for criminal activity.
d. to guarantee to policyholders that their expectations will be met.
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Andersons Business Law and the Legal Environment
Authors: David p. twomey, Marianne moody Jennings
21st Edition
1111400547, 324786662, 978-1111400545, 978-0324786668
