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(Insurance risk management) You often hear people saying Insurance companies are cheaters and always try to rip-off customers, their insurance policies always have provisions that

(Insurance risk management)

You often hear people saying Insurance companies are cheaters and always try to rip-off customers, their insurance policies always have provisions that limit how much you can be compensated and claim. How would you respond to a person who has this view in mind?.(at least 200 words)

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