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Which of the following statements regarding the primary purpose of coinsurance is true? 1. In property insurance, the primary purpose is to ensure that rates

Which of the following statements regarding the primary purpose of coinsurance is true? 1. In property insurance, the primary purpose is to ensure that rates are fair. II. In health insurance, the primary purpose is to eliminate coverage for small losses. both I and II Ol only neither I nor II Oll only

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