A noted insurance authority stated, The insured should prefer to purchase insurance from a company that has
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A noted insurance authority stated, “The insured should prefer to purchase insurance from a company that has a high loss ratio since this is evidence that the company is returning a high percentage of the premium dollars collected to its customers.” Explainwhy you agree or disagree with this position.
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Related Book For 
Fundamentals Of Risk And Insurance
ISBN: 978-1118534007
11th Edition
Authors: Emmett J. Vaughan ,Therese M. Vaughan
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