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QUESTION 5 When a policy holder shares a percentage of the losses with the insurance company, this is called restrictive provisions O partial cancellation coinsurance
QUESTION 5 When a policy holder shares a percentage of the losses with the insurance company, this is called restrictive provisions O partial cancellation coinsurance shared risk QUESTION 6 The Social Security System is an example of a public pension plan that is a pay-as-you-go system. What is a pay-as-you-go pension plan? If you want the benefits this year, you must pay into the system this year. Current worker's tax payments go to pay the benefits of current retirees. Reinsurance is paid annually by the retiree. none of the above All of the Above
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