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What is reinsurance? (Select all that apply) Select 2 correct answer(s) a) insuring yourself against the same thing twice b) renewing an insurance policy c)

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What is reinsurance? (Select all that apply) Select 2 correct answer(s) a) insuring yourself against the same thing twice b) renewing an insurance policy c) insurance that an insurance company purchases from a "reinsurance" company. d) a way for insurance companies to transfer portions of their risk to another party

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