QUESTION 23 There are seven basic principles all insurance companies are subject to and include___- OA) there must be a relationship between the insured and the beneficiary. OB) the insured can profit as a result of the insurance coverage. OC) the loss must be quantifiable. both A) and C) QUESTION 24 A(n) ___is the amount of any loss that must be paid by the insured before the insurance company will pay anything. annutiy deductable O coinsurance