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A Deductible Is the

Question 39

Multiple Choice

A deductible is the


A) proportion of the loss the insured must pay after the insurance company pays an initial amount.
B) amount of a loss the insurer must reimburse the insured after a loss.
C) proportion of the loss the insurer must pay before the insured pays any of the cost.
D) amount of a loss the insured must pay before the insurance company will pay any insurance benefits.

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